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Colliers Otago & Southland Rural & Agribusiness, Exemplar Realty Limited, (Licensed: REAA 2008)
Mike Eyles Mike Eyles

29 McFelin Road, Cromwell

Price by negotiation

Listing Description

Listed: Fri, 28 Nov

An Elevated Investment

29 McFelin Road, Cromwell, Central Otago, Otago

Price by negotiation

Details

  •   9.89ha Land
AttributeValue
Property type
Bare land
Agency reference
67026961

Description

29 McFelin Road is an idyllic lifestyle and vineyard property a stone’s throw from Cromwell.

Comprising a total land area of 9.8870 hectares on the north-facing hillside along McFelin Road.

In addition, the vineyard comprises 5.55 hectares of established vines which are mostly Pinot Noir, accompanied also by Pinot Gris and Chardonnay, offering a passive income with a lease in place to a highly regarded Central Otago wine producer.

The location, aspect and contours provide privacy and expansive northfacing views of the Pisa Range and surrounding landscape while making it an ideal location for premium grape growing.

The property is serviced by two separate water takes, each currently supplying the water storage pond on the property for irrigation. One is an established supply from a bore shared with multiple properties, and the other is a take from the stream at the base of the property.

Key features include:

  • 9.8870 hectares of freehold title
  • 5.55 hectares of established vines
  • Multiple irrigation/water sources
  • North-facing aspect and elevated views
  • Vineyard lease in place giving a passive return
  • Established infrastructure including power, water and frost protection on the property

A rare opportunity to secure a premium Central Otago vineyard with established vines and a lease in place for passive income. The elevated, north-facing position delivers privacy and sweeping Pisa Range views, an exceptional setting with scope for future vision in one of New Zealand’s most celebrated wine regions.

For Sale by Negotiation


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Property Files

Mike Eyles

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Colliers Otago & Southland Rural & Agribusiness, Exemplar Realty Limited, (Licensed: REAA 2008)
Mike Eyles

Mike Eyles


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Agent's details

Mike Eyles
Ruth Hodges

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Colliers Otago & Southland Rural & Agribusiness, Exemplar Realty Limited, (Licensed: REAA 2008)

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