211 PIERCE AVE

Timing is everything!

This is a unique opportunity! For the first time in 16 years, this property comes to the market. Situated on 4000m2, this multi-use site poses a unique investment opportunity with huge potential to increase ROI. Conveniently located just metres from the Sunshine Coast Turf Club, the property offers an opportunity to capitalise on the considerable shortage of available stables across the South East Coast within the Equine Industry.

Consistently at 100% occupancy, this is a perfect opportunity for trainers, investors, or anyone looking to get involved with the equine industry. There is potential to train out of this facility or use it as an investment and rent out the boxes and accommodation. The location offers the buyer a functioning operation that is directly across the road from the racetrack, yet only 10 minutes to Kings Beach and just 2 minutes to the Bruce Highway.

Equine Facilities:

68 boxes
Tack and feed storage rooms
10 Undercover day yards
5 wash bays + tie-ups
Staff toilet
Sand roll

Property features:

2 bedroom home
Lock-up garage
1 bathroom

Additional accommodation:

1 Bedroom
1 Bathroom
1 Laundry

Income:

Tenancy for residence and stables currently have no lease agreements in place and are on a month-to-month arrangement
Residence – $14,556 pa (GST NOT Applicable)
Stables – $134,804 pa – Inc GST
Overall – $149,360 pa – Inc GST

The property can be sold as a going concern or GST excluded.

Clint Donovan 0421 944 985
[email protected]

David Chester 0410 683 466
[email protected]