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324 Luggate-Tarras Road, Luggate, Wanaka

Redbridge Estate, Wanaka

Dairy
dollar

Negotiation

Land area
233ha
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Property details

Listing # LW26 | Listed on 13 April 2022

Located in the heart of idyllic Central Otago, approximately 16 kilometres from Lake Wanaka and 6 kilometres from the rapidly growing township of Luggate, this 233 hectares consists of predominantly flat irrigated farm land offering panoramic mountain and rural vistas towards the Pisa Range, Southern Alps and beyond. Stunning Clutha River frontage adds significant appeal to this property.

Arable, dairy support, stock finishing, grapes, cherries or development are all viable options for this parcel of land. With a consent of 132 litres per second, irrigation is via centre pivot and k-line to approximately 220 hectares.

The property is well subdivided into 27 paddocks, providing ease of stock movement to all blocks via well maintained, established laneways. The improvements on the property have been well maintained and include an original three bedroom country home. Other improvements comprise of a four stand wool shed, new cattle yards, implement shed and workshop.

Redbridge Estate represents an outstanding investment opportunity with huge development potential to the prudent buyer in an extremely desirable location.

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