128 Flaxmill Drive, Rarangi, Marlborough

Estate sale - First vineyard or lifestyle

This 5.33 hectare property provides a fantastic entry level vineyard for those new to the industry, an opportunity to grow an existing viticulture portfolio or a canvas to craft your dream home in the vines.

Offering 4.50 canopy hectares (more or less) of the region's internationally acclaimed sauvignon blanc, the property is in a low frost risk area and is supported by an A class water consent. Planted in 2009, the vineyard has a five-year average of 66.53 tonnes (14.78 T/ha) and is sold with a grape supply agreement in place, providing immediate income for the forth coming season. The scale of the block allows it to be easily maintained by an owner operator, while full vineyard management can be arranged if required.

Positioned less than 15 minutes to Blenheim's CBD, in a highly desired area for rural living, there is fantastic scope to construct a residence. With multiple building sites available throughout the property, you can construct your dream lifestyle within close proximity to the coast, the Wairau diversion, Rarangi golf course and Whites Bay.

Instructions are clear from the executors of the estate; new owners are required for the forthcoming season. All interest is encouraged, so contact Kurt Lindsay and Tarin Mason today for further information and to arrange your inspection.

Sold plus GST (if any), boundary lines are indicative only