Luggate-Cromwell Road, Cromwell, Otago

Rural
Price by negotiation
Price by negotiation
Published on: 10 Jul 2023
Last updated on: 09 Apr 2024
Luggate-Cromwell Road, Cromwell, Otago
Luggate-Cromwell Road, Cromwell, Otago
Luggate-Cromwell Road, Cromwell, Otago
+16
Luggate-Cromwell Road, Cromwell, Otago
  • 16
Property ID: 320085624253
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Premium Central Otago Vineyard - Rare Opportunity

Luggate-Cromwell Road, Cromwell, Otago
It is truly a privilege to bring to you a quality producing, freehold and established vineyard, which our vendors are proud to have developed and are reluctantly offering to the market for the first time in 23 years. 

Situated in the heart of Central Otago close to the Cromwell township and a short drive to Wanaka this north-facing easy care property is located on 15.0006 ha (more or less). 

The first vines were planted on this estate in the Spring of 2001 with carefully selected clones of Pinot Noir, complimented with small block plantings of Pinot Gris and Chardonnay, to complete the portfolio. This vineyard is 12.50 ha and produces quality fruit at approximately 7 - 9 tons per ha and can generate 7,500 dozen cases.

Ongoing contracts and relationships have been in place with renowned operators and wine producers all of whom would like to re-acquaint themselves with new owners.

The property captures amazing sunshine hours and is supported by two Orchard Rite wind machines and a pump shed. There is an abundance of water in place through the Pisa Irrigation Company and Otago Regional Council. Supporting infrastructure includes amenities for staff and accommodation, storage for equipment, and a workshop. Other assets such as machinery can be negotiated.

The soil type is Annan moderately deep silt sandy loam over ancient gravels.

With the potential to construct a dwelling on the property, here is an opportunity of a lifetime to secure a well-managed vineyard that produces award winning grapes. This property could be the ideal addition to your current business, or it is very suitable for an individual looking to venture into viticulture.

Please contact David today for further information or to arrange a personal viewing.

This property is being sold plus GST (if any). Boundary Lines are indicative only.

Property Details

Basic Info

Property Type
Rural
Land Size
150,000.00 m2
Address
Luggate-Cromwell Road, Cromwell, Otago

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David  Penrose
David Penrose
New Zealand Sotheby's International Realty, (Licensed: REAA 2008)
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      Property ID: 320085624253

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