263 Felton Road, Bannockburn, Otago

Nestled in the prestigious Bannockburn along the esteemed Felton Road, the Defiance Vineyard stands as a prime piece of real estate. This freehold property encompasses 10.1919 hectares, adorned with 7.4 hectares of meticulously managed vines, recognized for their award-winning produce. The estate features a charming cellar door and commands breathtaking views, making it a highly sought-after gem in the region. The property's current government valuation sits at $2,550,000, showcasing a significant increase of 18.6% from the previous valuation in 2019. The latest sale history points to a transaction of $3,770,000, indicating a robust market interest. The vineyard is complemented by its ideal soil, contour, and climate, which are further exemplified by neighboring prominent vineyards. Key highlights include a north-facing aspect, established infrastructure, and potential for further development. Moreover, the property benefits from the Cromwell Primary School in the 9th decile, ensuring a quality education within the zone.

With a HouGarden AVM of $2,575,000, the Defiance Vineyard presents a compelling investment opportunity in a renowned wine-growing area. The property's history of value appreciation and the potential for expansion make it an attractive proposition for any discerning buyer. This is not just a vineyard but a legacy waiting to be further cultivated.

Educationally, the property falls within the catchment area of Cromwell Primary School, a contributing school with a decile rating that reflects a high standard of education. The Defiance Vineyard is indeed a rare find, a combination of premium vines, strategic location, and educational advantage, all on a freehold title.

Updated on September 25, 2024