Parawa Estate, located at the southern end of South Australia's Fleurieu Peninsula, last month launched its latest luxury wine in Italy, aimed at the top echelons of the world wine market.

The second of its ‘Classic Range’ - the 2008 Eden Grand Reserve Syrah will retail on release at US$800 a bottle. The wine will be launched at Vinitaly, Europe’s biggest wine event, in Verona.

The boutique company stormed onto the world scene last year with the release of the most expensive Australian wine ever (on release) with the Ingalalla Grand Reserve 2007.

This ‘Bordeaux style blend’ was released to the world media at Vinitaly 2012 with sales being made to the top tiers of wine buyers in Europe and Asia.

The 2008 Eden Grand Reserve Syrah will be Australia's most exclusive Syrah, a serious investment-grade wine that the makers consider to be an equal of many of the great Rhone Valley wines, most also marketed around USD $800 per bottle.

In a blind tasting held by Winestate magazine in 2011, the Eden was awarded five stars alongside the 2006 Penfolds Grange, both achieving higher scores than the 2007 Guigal Chateau Ampuis, 2007 Paul Jaboulet la Chapelle and 2007 Chapoutier L’Ermite.

Only 2,400 bottles will be produced and the next vintage is not expected until mid decade. Like its sibling, it will not be released in the Australia or New Zealand markets.

Background:

Parawa founder and owner, Peter Simic decided a decade ago to work towards creating a special range of unique, very limited volume, world-class wines.

With long established connections to the ‘top end’ of the industry from vineyard to production, he has spared no expense in the selection of fruit and meticulous production for his extra fine wines.

Some controversy in Australia accompanied last year’s limited release of the Ingalalla Grand Reserve 2007, with its relatively high price structure and Peter’s stated intention for these wines to be judged against the world’s best – overseas. “I refuse to have these wines regarded as less than some of the greatest red wines in the world,” he said.

“In blind tastings involving Masters of Wine, they have held their own or surpassed some of the iconic names, recognised by wine aficionados.”

Website - www.parawaestate.com.au

Released by O’Reilly Consulting, Mike O’Reilly 0414 882 505

Related News

  • SA wine dynasty uncorks vintage film SA’s wine history unfolds in a just-released film about the history of the State's iconic wine-making dynasty, the Hamilton Family, spanning 176 years of vinicultural life &am...
  • Check your house price for free checkmyhouseprice, a new service that provides homeowners with a free professional valuation of their house value, is now available to real estate agents – also for free!This break...