3518 State Highway 1, Riverlands
Located in the heart of the Industrial 2 Zone of Blenheim, this 32.78ha property offers a very rare opportunity to secure industrial zoned land in a prime location between Riverlands Industrial Estate and Cloudy Bay Business Park which border the New Zealand rail network.
Planted in an established Sauvignon Blanc vineyard with solid production history, this property offers excellent income potential until the industrial aspect of the property can be capitalised on. Vineyards of this size are rare to the market and are in high demand due to the location and production potential with the added option for long-term industrial development. With only two vintages to complete the GSA with a large international wine company, this will be very attractive to all wine industry investors and wine companies.
Key features
- Long term potential and sizable offering is very attractive as investors look to expand into the primary, industrial and commercial sectors
- Solid immediate income of $450,000 to $500,000 (historically) which offers a holding income for those planning to capitalise on the existing industrial zoning of the property
- Already zoned Industrial 2 and adjoining two existing industrial parks, rail infrastructure and State Highway 1
For Sale
By Tender
Land area: 32ha