SAUVIGNON BLANC VINEYARD WITH CONSENT FOR SUBDIVISION
Vineyard Lane Martinborough
This is a tidy well managed 20 hectare vineyard located in Martinborough. Known as the Draper Block and part of Southdown Estate vineyard there are 17.6 hectares planted in Sauvignon Blanc and over the last seven years the yield has averaged just under 200 tonnes and the net profit just over $130,000. There is a current Resource Consent to subdivide the block into 5 separate titles. This property has options – reasonable return on capital as a stand-alone vineyard with contracts in place, a larger lifestyle block – or pick up the resource consent and subdivide / develop the block.
There is a detailed property report available initially with supporting financials for interested parties.
Come and spend a weekend in Martinborough, inspect the property and if you like it make your offer - this is a vibrant part of New Zealand with high demand for lifestyle options.
Offers Over $2,975,000
Enquire about this property