98c Paterson Road, Cromwell, Central Otago, Otago

Views and vines combine on this spectacular lifestyle property in the heart of Bannockburn in Central Otago. Elevated above the Bannockburn Arm, the property boasts a consented building platform, premium Central Otago Pinot Noir vines, and picturesque views out over vineyards to the surrounding mountain ranges.

Spanning 2.0236 hectares, the property includes approximately 1.7 hectares of established vines, with 1.5 hectares under lease to a renowned wine producer, ensuring both prestige and passive income with the ability to produce your own wine.

This exceptional property offers a rare opportunity to create your dream lifestyle or boutique wine venture in a prime location, combining natural beauty, development versatility, and a connection to Central Otago’s celebrated wine heritage.

Key Features:

• 2.0236 hectares of freehold land.
• Consented 1,702 square metre building platform located at the top of the property with stunning views.
• The majority of the vineyard is leased to a highly reputable wine brand ensuring a passive income, with a portion of vines unencumbered around the building platform available for personal use.
• Secure water for irrigation and domestic supply.
• Multiple potential access options.
• 100% pinot noir.
• Surrounded by premium vineyards and world renowned wine producers.
• Premium Bannockburn location close to local amenities.

The property represents the quintessential Bannockburn lifestyle opportunity in the heart of a world renowned wine making region and community and allows the new owner to create their dream lifestyle amongst the vines and secure a slice of a tightly held, premium location.

For Sale by Deadline closing, on or before, 4pm Wednesday 23 April 2025 (unless sold prior)