Located at the base of the picturesque Awatere Valley, only 20 minutes to Blenheim's CBD lies this 18.51 hectare property allowing for multiple income streams from three sources, solidifying the investment return.
The free draining silt loams are home to some 16.01 hectares planted in Marlborough's predominant variety, sauvignon blanc, currently supplying an award winning local wine company. The block produces high quality fruit and consistently meets the yield targets. In addition, the A class water right and low frost risk location provide security on the performance of your asset.
The annual income from the vineyard is supplemented by a rental return from the three bedroom permanent material home as well as a large implement shed and yard space currently leased to a local contractor.
Please note, this block can be sold in conjunction with, or separately to an additional property in the area, 1523 Redwood Pass Road, with extremely similar credentials.
Our vendor is divesting their current assets to focus their interest elsewhere, allowing discerning buyers this fantastic opportunity to expand a current viticulture portfolio or invest into a proven primary industry.
To register your interest and receive a full information package, contact the exclusive agent Kurt Lindsay today.