Lea Taylor Pastoral is proud to offer this quality property for sale on behalf of the vendors:
“RIVER LODGE STABLES”

NORTH ROCKHAMPTON. CENTRAL QUEENSLAND. (INVESTMENT PROPERTY)

Was $420,000 Now only $395,000.

Images:

Video:

Situated:

6 York Street North Rockhampton, Central Queensland.

Amenities:

Town Power, Town Water, Daily Mail Service, access to all Schools Primary, Secondary and C.Q. university.

Area:

Approximately 5 Acres or 2.024H/A, Freehold.

Country Type:

All Fitzroy River Flats, fully developed.

Cultivation:

Nil; However, areas could be cultivated with minimal preparation.

Water:

Town Water also with a 5,000 Gallon Concrete tank.

Fencing:

Boundary fully fenced, plus some internal fencing.

Yards:

Stables and Day Yards, 3 with shelters.

Machinery:

Nil;

Improvements:

1 x 4 Bedroom Low Block Homestead (on Concrete Posts) with some Renovations done around 6 years ago, open plan Living, Dining and Kitchen, Front Veranda, Air Conditioning in Main Bedroom and open plan area. Fully fenced house yard.

1 Block of 11 Rock Block Stables with Tac & Feed room, with breeze way through the middle opening out into the 5 Acres with Day Yards and exercise yards for the working and training of Race horses.

Carrying Capacity:

With feeding any number of horses.

Special Conditions:

Nil;

Remarks:

“RIVER LODGE STABLES” Are situated right on the out skirts of north Rockhampton and just a short distance to “Callaghan Park” Race Course.

The property presents well and has all good structural improvements, the Leasee has erected some portable Day Yards to handle extra horses. The Complex has been leased to the one Family for the last 6 Years and they have been good payers and have kept the Complex in good repair during this time, they would like to continue leasing the property from the new owners if the property was to be sold to somebody looking to retain the existing rental arrangements. The property is leased at the moment for $450.00 Per Week or $23,400.00 Per Year showing a 5.57% return on the Asking price and the existing renters are willing to take up a long lease with the new owners.

This is a good rental proposition in place and to carry on for the future, MONEY IN THE BANK.

For further information or to arrange an inspection, contact the Marketing Agent: Lea Taylor 0417 798 223

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