RECEIVERSHIP SALE

Receivership Sale. The subject vineyard property (47.6 hectares) is located in the Awatere Valley, approximately 2km south of Seddon township and 26km southeast from Blenheim and Marlborough's wine industry services. \n\nThe 38 hectare Sauvignon Blanc vineyard planted and developed in 2006 (approx. 77,000 vines). Improvements include 9 Amarillo (frost protection) wind machines, an implement shed, pump shed and pump station with 35 shares in the Blind River Irrigation Scheme (Note: Each Blind River Share is entitled to 15.5 cubic metres per hectare per day of irrigation water supply). \n\nA three year grape supply contract is available (if required).\n\n2011 rateable value: $2,827,000\n\nFor Sale by Negotiation\n\nContact John Hoare for further information.\n