WHAT looked like a reprieve for the iconic Chardonnay Lodge has fallen through.
In early September it was announced the unit owners had signed off to allow Coonawarra Station Apartments to manage their business.
It was hoped the units would be back open for business within a fortnight according to that announcement - in time for this weekend's Coonawarra Cabernet Celebrations. However those plans have since been thrown into disarray.
After failing to obtain the promised approvals from the Strata Corporation, Coonawarra Station Apartments has withdrawn from negotiations on Chardonnay Lodge, according to Coonawarra Station's Qin Shu.
"While we are disappointed that the unit owners failed to honour their agreements, we are betting the assets will become available later on better terms," she said.
"After receiving 100 per cent signed agreements from unit owners, the Coonawarra Station team has completed most of the preparatory work to reopen the iconic facility in the hope of accommodating travellers for this year's Coonawarra Cabernet Weekend," Ms Shu said last week.
"Unfortunately, just days before the Cabernet weekend, the strata corporation meeting passed a motion which made the agreement impossible to complete."
After extensive consideration and negotiation with unit holders, Ms Shu said her Coonawarra Station felt that under the current strata structure and conditions it would be impossible to run a profitable and efficient management model to achieve a win-win result either for the Coonawarra Station team or the unit holders.
"I hope another viable option emerges soon because having been closed five months, the difficulties of re-opening get bigger," she said.
"Many Penola and Coonawarra businesses, including ours, and tourism generally benefit from a healthy Chardonnay Lodge."