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1224 Kaituna-Tuamarina Road, Kaituna, Marlborough

Dual titles create multiple options and income

gavel

Auction

Section
Lifestyle section
Bedroom
4
Bathroom
1
Floor area
120m2
Land area
9.91ha
Title type
Freehold
Garage
3
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Auction

Thursday
12:00pm
33 Seymour Street, Blenheim
23
Apr

Property details

Listing # 4137079 | Listed on 26 March

With two freehold titles available across a combined 9.91 hectares of fertile land, secure this property as one package and capitalise on the ability to amend titles, on sell land, or construct a second dwelling on the additional title, providing options for extend or multigenerational families, guests or future rental income generation.

Originally constructed in the 1920’s, the original farmhouse has benefited from upgrades and renovations over the years. The residence comprises four bedrooms, a family bathroom, large living room and a recently modernised kitchen. The setting is well established and private, with plenty of grounds and gardens for the family to enjoy. Separate from the home, there is a spacious double garage and a single garage adjacent. Both spaces are perfect for storage, projects or workshop space while an additional two bay pole shed allows plenty of parking for the boat, camper or machinery.

Currently the land contains a 7.2-hectare vineyard, planted in sauvignon blanc. The vineyard is a consistent performer, backed by an A class water right and gentle sloping terrain to mitigate frost risk. Continue farming the grapes for years to come or consider alternate use for the future; there is plenty of opportunity for multiple income streams off the land.

The smaller of the two titles consists of some 4.48 hectares, and includes the four-bedroom dwelling, multiple garages and workshops, and the two-bay pole shed. The larger title consists of some 5.43 hectares and is predominately planted in vineyard. This title has some fantastic, elevated sites across the northern end, offering several options for a new dwelling.

Enjoy the peace and privacy of rural living with the convenience of nearby amenities. Renwick is a short five-minute drive away, with several cafes, wineries and restaurants within reach along the golden mile of Rapaura. Blenheim CBD is less than 20 minutes’ drive, and the airport is accessible within ten minutes too. The property is perfectly situated for easy access to Havelock, with fantastic launching and marina facilities to explore the Kenepuru and Pelorus Sounds.

If you have been considering a move to the country, this property deserves your attention. With title options, scope to develop, and income potential, the block should appeal to those with an eye for opportunity. The vendor has made a clear decision to divest this asset and we encourage all interested parties to enquire. Contact Kurt Lindsay and Tarin Mason today for further details.

Note: Property is registered for GST, and the purchase price will be plus GST (if any)

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