Bare land in Waikerikeri Valley, ripe for the picking
A parcel of bare land for sale presents a rare opportunity to acquire up to 111ha of abundant Central Otago land with a reliable water source and strong development scope.
The parcel comprises three separate land blocks that are available individually or together with multiple purchase options.
Located in the Waikerikeri Valley, less than 5km from Clyde, the blocks are ready for their next level of development, of which the options are plentiful.
Colliers International Rural and Agribusiness Director Ruth Hodges has been exclusively appointed to sell the properties.
Hodges says that the land development has been undertaken with both horticulture and viticulture in mind but the location and aspect of the three blocks make multiple uses possible.
“The combination of soil, water and climate means the land is especially suited to the growing of apples, apricots, cherries and grapes, but these blocks could also be subdivided for lifestyle development.
“The initial land development work was completed with minimal disturbance, maintaining the integrity of the soil profile.
“This, along with favourable land contour and good frost drainage make for optimal growing conditions for a purchaser with horticulture or viticulture in mind.
“The land is also well supplied with water, adding to its strong crop-growing potential.”
A private irrigation scheme delivers land irrigation and domestic-use water under pressure to the boundary of each of the three blocks.
The scheme is delivered by The Dairy Creek Irrigation Company via approved consent and is valid until 2038.
Each block will also be supplied with power to the boundary.
Hodges says the region has become a leading force in the production of summer fruit and pip fruit with an expanding cherry industry as well as other high-value niche crops.
“The greater Otago region is regarded as one of New Zealand’s foremost horticulture areas, with the quality of fruits matching or exceeding the quality from anywhere else in the country.
“Cherries have become a hugely popular crop, with Central Otago produce accounting for around 90 per cent of New Zealand’s total cherry exports.
“Known for being one of the warmest and driest, as well as the coldest places in New Zealand, the extreme temperature changes provide ideal growing conditions for cherries and produce some of the firmest and tastiest fruit around the world.
“In summer the temperatures may reach 30 degrees Celsius during the day but drop as low as 12 degrees Celsius overnight. This gives the cherry trees a chance to rest and the fruit to set, becoming firm and tasty.
“Optimal growing conditions have also seen the establishment of a prosperous viticulture industry, with the Central Otago becoming one of New Zealand’s premium wine growing and production areas.”
The Waikerikeri Valley blocks for sale present an opportunity to own a piece of land near where modern-day wine growing began in New Zealand.
The first wine grapes planted in the country were at a trial wine-grape vineyard at the Department of Scientific and Industrial Research orchard just outside of Alexandra in 1972.
There are now 89 wineries in the district, which is up from just 11 in 1996.
From small beginnings Central Otago has established a name for quality wine production, particularly Pinot Noir, which now accounts for approximately 85 per cent of grape plantings.
Hodges says the land could also be purchased as one unit as an adjunct for an existing pastoral operation.
While agriculture, primarily being sheep, beef and pasture-based farming, remains the backbone of the Central Otago economy, advancements in irrigation has led to the development of new agriculture enterprises for the area such as dairy farming.
The Waikerikeri Valley has also seen an increase in the number of lifestyle developments in the past few years, representative of a growing trend towards lifestyle living.
The Central Otago region has experienced a decade of exceptional population growth, with an increase of over 25 per cent between the last two censuses.
While Clyde is the closest town to the properties, Alexandra with a population of 5,440 is within a five-minute drive and boasts a full range of shops and services.
Known for being among New Zealand’s driest towns, Hodges says the extreme weather contrast bring a sense of uniqueness to the area.
“Scorching hot and dry summers to cold and icy winters bring a sense of uniqueness to the town, and the tight-knit community formed by current residents makes for a great family environment.”
The land has been priced from $1,050,000 for Lot 1, the premium offering, through to $950,000 for Lot 2 and $700,000 for Lot 3.
Lot 1 comprises some 30ha with excellent contour and aspect making it ideal for horticulture or viticulture development.
Lots 2 and 3, at approximately 46.7 and 34.7 hectares respectively, are both suitable for a range of horticultural or viticultural uses as well as further subdivision or lifestyle use.
Hodges says the land has been priced to sell and won’t be on the market for long.
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