Northbank Road, Renwick, Marlborough

Fantastic grape supply agreement, larger returns

Positioned a short distance from Renwick, this young sauvignon blanc vineyard offers a great opportunity to enter the wine industry or broaden your existing portfolio. With an extremely attractive grape supply agreement in place, the property offers a great potential return on investment at the asking price, with the price paid per tonne much higher than most.

Planted in 2016, the vineyard comprises a total canopy of 17.57 hectares (more or less) of sauvignon blanc. The improvements include a metal trellis system adding future environmental and maintenance benefits, three titles, an A class water consent and four frost fans. The vineyard provides good scale, reliable water, and consistent annual income for an incoming purchaser without capital tied up in dwellings on the property.

The fruit has been consistently complimented for the quality and flavours produced, and has a favourable grape supply agreement in place with an established and well acclaimed wine company until 2028. The contract provides attractive terms, and added benefits that help bolster the return on investment. Full vineyard management can be arranged for absentee owners if required.

Due to unforeseen circumstances, the Vendor needs to move their operations closer to home and therefore, presents this impressive investment to the market for the new owners gain. For further information, please contact Kurt Lindsay and Tarin Mason today.