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  • Sold
Productive and Passive Vineyard - UNDER CONTRACT - #1
Productive and Passive Vineyard - UNDER CONTRACT - #2
Productive and Passive Vineyard - UNDER CONTRACT - #3
Productive and Passive Vineyard - UNDER CONTRACT - #4
Productive and Passive Vineyard - UNDER CONTRACT - #5
Productive and Passive Vineyard - UNDER CONTRACT - #6
Productive and Passive Vineyard - UNDER CONTRACT - #7
Productive and Passive Vineyard - UNDER CONTRACT - #8
Productive and Passive Vineyard - UNDER CONTRACT - #9
Productive and Passive Vineyard - UNDER CONTRACT - #10
Productive and Passive Vineyard - UNDER CONTRACT - #11
Productive and Passive Vineyard - UNDER CONTRACT - #12
Productive and Passive Vineyard - UNDER CONTRACT - #13
So close to Cromwell yet out of the way in a private rural setting, 29 McFelin Road is a quality productive vineyard with a long term lease in place and space to build.

With a total of 9.8870 hectares of land positioned on the north facing hillside along McFelin Road only 5 minutes drive to Cromwell, this property offers multiple opportunities. Planted in 5.55 hectares of productive grape vines made up of Pinot Noir, Pinot Gris and Chardonnay this property offers a passive return with the vines currently leased to one of Central Otago's premier wine producers. Originally planted in 2002, there are currently 2.95 hectares of Pinot Noir, 1.41 hectares of Pinot Gris and 1.19 hectares of Chardonnay all positioned to make the most of the near perfectly north facing slope which is ideal for growing grapes and protection against frost events.

The property is serviced by 2 separate water takes, each supplying a water storage pond on the property for irrigation. Frost protection is via a manual frost fan and is located on the lower part of the property where events are most likely to occur. The western portion of the property is currently unplanted and offers potential for an elevated building platform (consent required). The property's position offers excellent summer sun and shelter from the wind - all located in a quiet and private setting handy to Cromwell.

Key Features include:
•9.8870 hectares in freehold title
•5.55 hectares planted in vines
•Multiple irrigation/water supplies
•North facing sloped property
•Long term lease in place for passive return
•Frost protection via frost fan
•Land available to build a dwelling (consent will be required)

This is a well developed vineyard property with long term passive returns, making it a great land bank opportunity for the future or a ripe opportunity to build your dream home amongst the vines.

For Sale by Negotiation

UNDER CONTRACT
  • 12/09/2021
  • Contact our experts for details on this transaction.