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Listing Description

Listed: Wed, 21 Jun

Elite views and potential near Martinborough

Lake Ferry Road, Martinborough, South Wairarapa, Wellington

To be sold by tender (closes on 8 Aug)

Details

  •   96ha Land
AttributeValue
Property use
Sheep/Beef
Agency reference
3151168

Description

With resource consent in place, this opportunity is one that is already rare, with eight lifestyle properties consented within the 96 hectares (subject to final survey) on offer. All eight sites boast exceptional views with seven of those over the South Wairarapa Valley, Lake Wairarapa and the Tararua Ranges to the West and North West. The South Wairarapa climate is generally warm through early spring and hot and dry throughout the summer months and for that reason, the area is desirable for both farming wine production and as a well-known weekend escape for Wellingtonians. The vibrant wine village of Martinborough is 10 minutes north with its renowned boutique vineyards and fine dining or 20 minutes to the south is the coast, here you can enjoy diving, surfing, fishing and rugged coastal landscapes. The ability to subdivide this exceptional lifestyle property is an opportunity that will not last forever as the ability to create lifestyle-sized parcels will become less achievable with pending changes to the district plan. Whether looking to invest in a development that will take advantage of the demand for the Wairarapa and the future scarcity of this opportunity. Or simply looking to build a private home or lodge on the hill and enjoy the small hill country farm for yourself. This opportunity is unique and has genuine upside should you choose to extrapolate the value or simply create what could be one of the most elite properties in the South Wairarapa.


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Agent's details

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Bayleys Wairarapa ERL, (Licensed: REAA 2008)

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