


Listing Description
An Elevated Investment
29 McFelin Road, Cromwell, Central Otago, Otago
Price by negotiation
Details
| Attribute | Value |
|---|---|
| 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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