285 Grassmere Road, Lake Grassmere, Lake Grassmere, Marlborough

Located in a prime and easily accessed location, between Seddon and Ward, this property presents and exciting opportunity.

Comprising 297 hectares, the undulating to easy rolling contoured property, has been successfully operating as a sheep and cattle finishing unit.

The prospect of the Flaxbourne Irrigation scheme establishing, to which the property is subscribed, catalysed the owners into considering the prospect of up to 100 ha - and possibly more - as suitable for vineyard development. The key ingredient of water is available on the property, enabling irrigation for any vineyard development. Initial inspections by an experienced dam engineer and construction contractors, confirm the suitability and ability, of establishing an irrigation storage dam. These operators have developed other dams in the immediate area and region successfully.

There is a full range of buildings on the property, suited to the current operation as a livestock enterprise. There is a four bedroom Villa style dwelling, which has been enhanced with the addition of renovations and a large deck for outdoor living.

The property is subdivided into some 30 paddocks by predominantly deer fencing. The property is somewhat unique, in that it has a natural catchment at the rear from which water is able to be channeled and stored to be managed for irrigation.

The future of the property is clearly for vineyard development, combined with a smaller intensive livestock finishing operation. The climate, contour and soils are suited to these uses.

If you are in the market for a property suitable for vineyard development, take a look at this property. It's likely to tick all the boxes. An Information Memorandum is available providing further details on the property.

Price on application. Inspection strictly by appointment.

To download further documentation on this property, please copy and paste the following link into your browser: https://www.harcourts.co.nz/BF37222#documents

Please be aware that this information has been supplied by the vendor and/or sourced from: Property Guru, Property Smarts, Land Information NZ, Local Councils, ECAN, CERA and other organisations. Additionally, the property may or may not comply with the Healthy Homes Standards. Harcourts Four Seasons Realty 2017 Ltd is merely passing over this information as supplied to us. We cannot guarantee its accuracy or reliability and recommend purchasers undertake their own due diligence regarding these items.