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Property in Central Otago

 

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Mt Pisa Estate is an exclusive 22 lot rural subdivision situated in the iconic landscape of Central Otago in the South Island of New Zealand.

The subdivision is a combination of 10 and twenty-acre lots offering massive views over neighbouring vineyards to Lake Dunstan, up the valley toward Wanaka and Cromwell and with a backdrop to the snow covered Pisa Range.

Purchasers have the opportunity to invest in horticulture, with potential returns of between 26% and 30% under management, vineyard blocks under management, or bare lifestyle blocks. A number of exclusive lodges will be developed and sold by way of proportional ownership so reinforcing the exclusive nature of the property.

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New Zealand OIC (overseas investment commission) approval is not required for purchasers of 10-acre blocks.

Location
Mt Pisa Estate is located approximately 5 min from Cromwell, 25 min from Wanaka and approx 50 min from Queenstown International Airport.

All local ski fields are easily accessible as are Lake Dunstan, Lake Wanaka and the Clutha River offering exceptional fishing and waterskiing opportunities.

There are a number of Golf courses, restaurants and wine trails of neighbouring vineyards and the nearby Gibston Valley on offer.

Services

  • Potable Water
  • Irrigation Water
  • Power
  • Telephone
  • Fully sealed roads

Features

  • Iconic Central Otago Landscape
  • A number of investment opportunities, horticulture, vineyard or lifestyle
  • Massive Lake, Vineyard and Mountain views from many sites
  • Stone and post and rail entry to all sites
  • Exclusive subdivision reinforced by a proposed Lodge complex
  • New Zealand OIC approval not required on 10 acre blocks
  • Priced from NZD$248,000

Horticultural Opportunities – Big Investment Returns

Lots 1-10 - Central Otago is an established supplier of cherries to the Northern Hemisphere off-season market. New markets in Japan have recently been opened up. With a combination of microclimate, soil types and water 10 blocks are made available for cherry production with 4 only now available for sale.

Block prices start from NZD$248,000 (£87,043) plus GST, and will require investment over a 4 year period, with the crop producing in year 4 and at maximum yield at year 7. Return on investment of between 26% and 30% are achievable. The operation would be hands free and suits off site investors. It is anticipated that a total of 87 acres could ultimately be planted. Financial projections etc available.

Vineyard Opportunities

The ultimate Lifestyle purchase for retirement, investment or Bed and Breakfast.

Lots 13-20 - Cromwell in Central Otago is an established wine-producing region, boasting the highest percentage growth rate as a wine-producing region in New Zealand and Mt Pisa Estate is among the best.

Only two 10 acre blocks are offered for sale with the balance held by the developers for development of an exclusive lodge complex. These blocks offer investors the opportunity to purchase now into what will become a sought after future investment. Blocks will be planted in vines, offer magnificent views and will include a purchase contract and maintenance contract for the fruit so making each block a hands free investment. These blocks will have strict design covenants to protect the integrity of the planned Lodge complex. Alternatively build your B&B or lease your home through the Lodge management company

From NZD$615,000 (£215,897) plus GST. Additional info available including design and build house plans

Lifestyle Blocks

Lots 11&22 -Invest or Retire on a 20-acre block. Plant a vineyard or leave as it is, the choice is yours. Magnificent views and in good company. From NZD$470,000 (£165,054) plus GST

useful links

Click to explore the Otago Peninsula

Click here to explore the nearby city of Dunedin

Click here to find out more about Wanaka at the official tourism website

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