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Lot 1 Sugarloaf Drive, Luggate-Cromwell Road

PBN plus gst (if any)

Property Facts

Ref: 27028

Price by negotiation Plus GST (if any)

Property type: Lifestyle Bareland

Land area: 6.9ha

Lot 1 Sugarloaf Drive, Luggate-Cromwell Road, Cromwell

Ref: 27028

A cherry-picked investment

Invest in the land and your lifestyle with this 6.9ha site complete with 800 cherry trees on 2ha of it. Continue on with the current owner's plan to turn the site into a highly-productive orchard by planting out another 2ha of the already-irrigated land or alternatively view with an open mind for other lifestyle options. The trees are maturing, showcasing the potential for a lucrative business on the fertile land.

Mouth-watering outlooks from the elevated site encompass the waters of Lake Dunstan and her surrounding mountains. Consider the potential also to build a superb home on the site (subject to local authority consent). Neighbouring a successful orchard enterprise, everything is in place to move this project forward.

Just a short drive from Cromwell and with easy access to both Queenstown and Wanaka.

• 6.9ha landholding close to Cromwell
• Stunning elevated site with magnificent views
• Reservoir onsite to supply irrigation for the trees
• Currently has 2ha planted in cherry trees, with an additional 2ha already prepared with underground irrigation
• All offers considered

Price is plus GST (if any).

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Lot 1 Sugarloaf Drive, Luggate-Cromwell Road, Cromwell

Ref: 27028

Web Reference 27028
Property Type Lifestyle Bareland
Land area 6.9ha

hoamz accept no responsibility and disclaim all liability in respect of any errors, inaccuracies or misstatements contained herein. Prospective purchasers should make their own inquiries to verify all information.