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Central Otago

229 Ripponvale Road (Vineyard), Cromwell

Price

NZD$1,350,000 plus GST (if any)

Property ID QBS11624


land

8.64 ha


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Embrace an opportunity to purchase this established vineyard. This well presented property and boutique vineyard is situated on a distinctive standalone Sugarloaf landscape just five to seven minutes drive from Cromwell, the heart of the Central Otago's wine region. Positioned to capture all day sun, along with panoramic views overlooking the lights of Cromwell this property will impress you. Embrace the dream to further develop this extraordinary vineyard, and enjoy a healthy and satisfying lifestyle.

Featuring approximately 8.6 hectares consisting of 23,000 grafted, pylloxera resistant, vines planted in 2003 over 7.89 hectares. Approximately seven hectares are planted in Pinot Noir, with one hectare (more or less) planted in Riesling. There is room for additional plantings if necessary. The vineyard irrigation system is governed by 14 water zones; each vine has its own compensator dripping water emitter that can deliver up to four litres per hour to each vine if required. This property has a shareholding in the Ripponvale Irrigation water company which is a privately run water scheme.

Price is plus GST (if any)

Options are available to purchase the vineyard on its own or include the substantial 645 sq m home (see QBS11553)

David Penrose

David Penrose

Queenstown

Cell Phone+64 21 226 1507

Emaildavid.penrose@sothebysrealty.com

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