324 Luggate - Tarras Road, Wanaka, Central Otago, Otago

Located along the banks of the powerful Clutha River, a remarkable opportunity awaits to invest on a significant scale in the lucrative Wanaka market, offering a proven return as an operational enterprise. The strategic focus on dairy support has enabled our vendor to maintain a lean staff structure, ensuring increased profits, while the property's capital gain further enhances its financial prospects. Sprawling across 233 hectares, this nearly fully irrigated property benefits from abundant water sourced from two bores, delivering an impressive 132 litres per second.

Notable enhancements encompass a three stand woolshed, recently constructed cattle yards, 30 well-divided paddocks with laneways and stock water, and comprehensive electrification throughout the entire property. Additional assets include a well-equipped workshop and a modest three-bedroom residence. An enchanting old-school orchard and an endearing heritage cottage contribute to the property's charm.

This opportunity is ideal for those seeking to secure land in the area while enjoying a steady income stream, allowing their investment to flourish within Wanaka's robust investment climate.

Conveniently situated just 10 minutes from Wanaka, two minutes from Luggate, and 10 minutes from Tarras, this large parcel of land is a rarity in the Upper Clutha region.

For further details, please contact me. A detailed Information Memorandum is available to support your decision-making process.