08/02/2005 - 21:00

AWH sells Karridale

08/02/2005 - 21:00

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AUSTRALIAN Wine Holdings has sold its Karridale vineyard on a sale and leaseback basis to Everbroad Pty Ltd for $2.7 million.AWH is entering into a four-year lease on land with an option to extend for a further two years for an annual lease fee equal to 7 per cent of the purchase price, or $189,000.

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