5 Brook Street North, Renwick, Marlborough

Vendors instructions are clear, sell at auction

Presented to the market to find the new owner, this 2.56 hectare property provides a fantastic entry level vineyard, an opportunity to construct your dream home in the vines or future subdivision potential for discerning purchasers.

Offering some 2.13 hectares (more or less) of the region's internationally acclaimed sauvignon blanc, the vineyard is sold free of all grape supply contracts allowing immediate fruit supply for the incoming purchaser. The block has a five-year average of 38 tonnes and can be easily maintained by an owner operator.

Positioned on the outskirts of Renwick, there is fantastic scope to construct a residence, with multiple building sites available throughout the property. Water is supplied through a bore, power is available at the boundary and septic will be required. Another option is to develop the property into lifestyle sections (subject to resource consent). A survey plan of three sections with a minimum area of 7,500 sqm is available. A fantastic land bank with consistent annual income.

The rectangular shaped block spans between Alma Street North and Brook Street North, providing good access options to the vineyard and for future development. A favourable water right is included with the property, allowing irrigation for the vines and potable water for lifestyle living.

Instructions are clear from the vendor, motivation to sell is undeniable and the property is offered at auction to meet the market. To receive further information and register your interest, please contact the exclusive agents Kurt Lindsay and Tarin Mason today.