Situated on highly fertile soils, this 15.08 canopy hectare vineyard offers an attractive acquisition in a primary industry currently showing strength on the global market. Positioned on 16.24 hectares of freehold land, this exciting property may hold potential future development appeal. More housing will be necessary to accommodate the expanding requirements of Marlborough in years to come and an astute land bank now may allow you to capitalize on the growing demand for high-quality residential properties in the area in time.
Planted in Marlborough's flagship variety, Sauvignon Blanc, the vineyard currently holds strong credentials with an abundant irrigation consent, implement shed, long term average over 19T/ha and is sold with an attractive grape supply agreement in place for V24. 14.08 hectares are on the freehold property, with 1.0 hectare on the adjoining neighbour, currently under long term lease. Full lease or vineyard management agreements can be arranged for an absentee owner.
The property is exceptionally well located on the town boundary, in zone for the well regarded Fairhall School, a short distance from Blenheim's CBD while in the vicinity of acclaimed subdivisions in Omaka Landings, Bartletts Green and Birchwood Avenue. The property has an easy flat contour, with two current legal access ways off Bishell Lane. In the close surrounding areas of the property, numerous parcels of land have been rezoned for residential use, with the direct neighbour having an urban residential 2 zoning. The vineyard provides an immediate return on investment, while representing a long-term investment opportunity for those with an eye to the future.
If you are looking for a viticulture investment with a proven track record of performance, or a potential land bank for the future, this vineyard must be top of your list. To arrange an inspection and receive detailed property information, contact Kurt Lindsay and Tarin Mason today.