Delta Lake Heights, Renwick, Marlborough

Elevated building site and income

Situated at the summit of Delta Lake Heights, this 30.38 hectare holding split over two titles enjoys spectacular views over rolling hills, across the Wairau plains and up the Waihopai Valley, all with a stunning mountain backdrop.

The property offers an elevated identified building site capturing a fantastic aspect over the Delta Lake. Multiple income streams are available with grazing land, vineyard and an area of pine plantation. With a clear lack of rural land to purchase and build on in the current market, discerning buyers will appreciate this opportunity to secure and construct their lifestyle creation.

Annual returns are delivered from the established Pinot Gris vineyard, planted in 2009. Comprising of approximately 4.69 hectares under canopy, the vineyard is aligned with a five year grape supply agreement to an acclaimed wine company. Some 14 hectares of maturing pine forest is located on the western slope of the property, with future value and income associated within the next 15 years.

Nearby Delta Lake provides irrigation water as well recreational opportunities such as kayaking, windsurfing or sailing. The area is well regarded, all within 10 minutes of Renwick, 15 minutes of Marlborough airport and 20 minutes of Blenheim's CBD. This is a quality package offering the desired Marlborough lifestyle with income.

The vendors are investing their interests elsewhere and have clear intentions of achieving a result. For receive further information or arrange your private inspection, contact the vendors exclusive Bayleys agents Kurt Lindsay and Tarin Mason today.

Boundary lines are indicative only, for sale plus GST (if any)