Sit back and relax while you look over the undulating hills of Springton and the Eden Valley. The home of Glen Eldon Wines, this property presents outstanding value and opportunity.
A total of 18.59ha, with 6ha planted and established Shiraz and Cabernet Sauvignon that can be sold back to current owner or produce your own label! Accompanied by a 36 megalitre water licence with mains water access makes this property a desirable investment.
The circa 1900's home has 4 bedrooms, two living areas and large family and dining areas. Perfect for the entertainer with a pool and outdoor entertaining area, plus a stone wine cellar. The house can be brought back to its former glory whilst retaining its charm and character from yesteryear.
There is a large shed, plus a number of smaller character stone buildings.
This is an outstanding opportunity to purchase a rare parcel of land with added benefits of potential income
The size of Springton is approximately 65.1 square kilometres. The population of Springton in 2011 was 607 people. By 2016 the population was 684 showing a population growth of 12.7% in the area during that time. The predominant age group in Springton is 50-59 years. Households in Springton are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Springton work in a managers occupation. In 2011, 84.8% of the homes in Springton were owner-occupied compared with 81.5% in 2016.
Springton has 493 properties. Over the last 5 years, Houses in Springton have seen a 89.91% increase in median value, while Units have seen a 44.86% increase. As at 31 December 2024:
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