In a relatively smooth operation requiring careful negotiation of power lines and road signs, the 16.5m by 22m building was trucked 22km along State Highway 8 to Bendigo.
The restaurant closed this year after being operated by the Highlands Motorsport Park for three years.
While watching the building make its way towards his three and a-half hectare vineyard, new owner Hayden Johnston, of Tarras Wines Ltd, said he hoped to have the restaurant operational as a venue for weddings, corporate events and conferences by the summer.
Because of the outlook high above Bendigo and Tarras, he believed it would also be an attractive facility for a ''pop up'' restaurant for celebrity chefs in the short term, and eventually as a ''daily restaurant''.
A team of five Dunedin builders was on site waiting to reassemble the building on a high point next to a canyon.
''Because the building industry is so busy in Central Otago at the moment, I've had
to bring up a crew from Dunedin,'' Mr Johnston said.
He hoped to be open in time to cater for the 70th birthday of Bendigo Station owner John Perriam in December.
Mr Johnston, bought the land from Bendigo Station about 14 years ago and has been developing it since as a vineyard.
The former Dunedin accountant told the Otago Daily Times he got into winemaking ''by accident''.
He was hit by a car while running in London.
After spending time in hospital, he returned to Dunedin to recuperate and decided it was time for a change.
Asked if growing grapes was a good investment, Mr Johnston said it was necessary to take ''a very long-term view''.
''I'm in it for the long run and I'm excited about the future.''