In 2020, New Zealand wines achieved a $2 billion export milestone. This was driven by strong growth in international demand for Marlborough Sauvignon Blanc, which made up 87% of the total volume.
MyFarm’s latest Marlborough investment is a 103* canopy hectare vineyard in the Wairau Valley, close to MyFarm’s Patriarch and Loddon Lane syndicates, and planted predominantly in Sauvignon Blanc. Long-term lease to Misty Cove Wines, one of New Zealand’s fastest growing export wine producers, supplying major markets in North America, Europe and Scandinavia.
There is potential to increase yields from this vineyard following the construction of a new water storage facility now in the planning stage.
This offer is fully subscribed and due to continued demand for this property, MyFarm have been instructed to sell down the limited number of underwriter units as a secondary market offer.
Total Size: 103 canopy hectares comprising:
Income: A February 2021 settlement provides access to income from the 2021 vintage for 93 cha.
Returns: Forecast return of 6.75 - 7% p.a.
Distributions: Monthly from March 2021**.
Minimum investment: $50,000.
Payment: Full payment (100%/$10,000 Unit applied for) required upon application.
Offer status: Now fully subscribed.
Grant Payton
Karen Richardson