Luggate-Cromwell Road, Cromwell, Central Otago, Otago

What an opportunity to purchase this prime building site and cherry orchard with a lease-back opportunity on the orchard component.

We are excited to make this offering to the market on such favourable terms to the purchaser, where the vendor is offering a five-year lease back of the orchard. This would enable the discerning purchaser time to craft their dream home on the elevated building site that has magnificent panoramic views of the St Bathans, Pisa ranges and surrounding areas while allowing time to grow themselves in the exciting cherry industry.

Comprising of 11.48ha with 5.7ha planted in a cherry orchard in full production and located in a prime cherry growing area, this property has expansion potential with management and packhouse shares for sale.

Planted in 2013 with 5,400 cherry trees, these five varieties are all export quality. Water is from the Mount Pisa Irrigation Scheme and frost protection from two Orchard-Rite windmills.

Create your dream home or enjoy it as is with an already established, successful cherry orchard. The choice is yours.