Fr $1,750,000
A rare opportunity has presented itself to secure this very unique property. With 12 licences and 14 stables the property is currently used for horse adjistment providing a wonderful business opportunity. Dressage arena under lights, show jumping arena with round yard, fully reticulated paddocks and loads of water makes for a horse heaven.
The residence is currently leased out until September 2025 at $590pw. The spacious home offers 4 bedrooms, 1 bathroom, open planned living, generous kitchen, second living room and great outdoor entertaining space. All fully fenced and reticulated on approximately 600m2. The arenas, paddocks, stables and sheds are not included in the lease.
Ideally situated on a corner block within close proximity to Rowley Road, Armadale Road, Nicholson Road and Kwinana freeway providing convenience all with a beautiful tranquil country styled life.
Income Opportunities Include:
- Horses agistment at $275 per week with 12 licenses and running at capacity
- Current rental income $595 per week for the house
- Current shed rental $500 per week
- Future potential shed rental
Residential Features:
- 4 large bedrooms
- Bathroom with shower, vanity and bath
- Open planned living/dining room
- Well appointed kitchen with an abundance of cupboards and stainless steel appliances
- Activity/games room
- Split system air conditioning
- Large patio area great for entertaining
- Fully fenced
- Large reticulated grassed area
- Existing house is approved as granny flat so new house is possible
Property Features:
- 14 Steel framed stables, lighting on timers, troughs inside and outside
- 20 x 13 feed shed with tack room including storage cupboards, shower, toilet, lunch room, washing machine
- 22 paddocks purposely laid "dome" for excess water run-off allowing the horse paddocks to be the driest in the area
- 65 x 25 limestone and riversand dressage arena under lights
- 80 x 40 show jumping arena with round yard
- 3 phase workshop
- Septics with Filtrex system
- Deep bore with licence for 14,000 kilolitres
- 1x Concrete water tank (recently relined)
- 1 x bore fed water tank
- Fully reticulated property including all paddocks and residence
- Electric fence with outriggers and hot wires
- Electric gate with keypad
- Security cameras
- Parking for floats
Inspections will be on a private basis by appointment. For further information and the opportunity to view this amazing property please contact Helen McWhirter on 0419972638 or email helen@regalgateway.com.
10/79 Lyon Road, Atwell WA 6164
HELEN MCWHIRTER
0419972638