385 Five Mile Road, Pakenham South, VIC 3810

Offering immediate possession, this is a well located, highly established equine and beef property with all your lifestyle and income facilities in place, situated close to the Urban Growth Boundary and a convenient drive to the key racing centres at Cranbourne and Pakenham.

This very well-rounded package complete with a three bedroom home was established and operated successfully as a riding school however, it is readily suited to any form of equine activity including thoroughbreds and lucrative agistment income.

Included is a full suite of equine and agistment amenities, numerous well-fenced paddocks with boxes, stables and an indoor arena, making it a compelling ready-made choice for equine activities as well astute land bankers.

The one kilometre track on the northern boundary not only provides access to the rear for cattle activities but doubles for exercise and training of horses.

Complementing the property is a nicely appointed and renovated three bedroom home with open-plan living/dining, spacious kitchen and large bedrooms in a huge garden setting. The master bedroom offers walk-in robe and ensuite access to the twin vanity bathroom, separate shower and toilet.

Additionally, there is an office with built- in storage and direct access from the adjoining mud room, as well as storage above in the attic..

Externally there are 14 sizable paddocks plus 8 day-yards, with troughs and accessed via a laneway system, all leading from the main activity centre plus a range of shedding.

Key features include:

- significant landbank location, 2.5Kms from UGB at Pakenham,

- quality mixed equine and livestock facilities and a spacious family residence,

- proven history as a superior riding school complex, offering immediate possession,

- 3 entrances, 1 kilometre long track, linked laneways, livestock paddocks, yards, etc.

- Underground power, 3ph on site, stock bore, 2 x 100,000 litre tanks, all connected,

- 70Mx30M indoor arena, fibre and river sand surface, viewing bay, sprinklers, LEDs,

- 23 unit stable compound, lights, power, water, etc. with walk yard, lunging yard,

- 14 paddocks (7 with boxes), 8 day yards, troughs, electric fence and sight wires,

- Good range of sheds include large machinery, hay, workshop, general purpose, wood,

chook shed, garage, old dairy currently being converted to office/accommodation,

- 3 bedroom plus study, WB home, all electric, modernised, RC ducted air, veranda.

This is an attractive package offering great potential for landbank investors to secure such a property

with sound infrastructure in place to the added benefit of potential long term tenancy......

For further information or to arrange a private inspection, please contact: RAY CULLEN