FOR SALE
$1,600,000 - $1,700,000

11 Knights Court
Tynong VIC 3813

Bedrooms: -
Bathrooms: -
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Land area: 0.7ha
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Join the Elite - Pakenham Racecourse Awaits You!

Trainers/investors, get ready for a thrilling opportunity to be part of the future at the prestigious Pakenham Racecourse.
This incredible opportunity revolves around a magnificent 7000 m2 (approximately 1.75 acres) lot. At its heart lies a world-class steel-framed stable complex that is sure to exceed your expectations. With 35 spacious boxes, each measuring 4m X 4m and equipped with built-in feed bins, your horses will find the utmost comfort and care. The facility also features a tack room, a feed room, an office for your administrative needs, and wash bay.
But the benefits don't end there – you'll have access to an 8-horse walker, a round yard, and 10 well-designed day yards, all of which are essential for a successful training operation. Your equine champions will thrive in this environment, showcasing their full potential.
What sets this opportunity apart is the convenient rear access from the complex, providing direct entry to the Pakenham Racecourse's state-of-the-art training facilities. With over 40 meetings held on their superb grass and synthetic tracks, your horses will have every advantage to excel and achieve greatness.
Prepare for a racing future filled with promise as Pakenham and Cranbourne embark on an exciting proposed merger, detailed in the attached Sun Newspaper Report. This strategic partnership is set to elevate racing in the South Eastern Corridor to unprecedented heights. By joining this world-class facility, you are positioning yourself at the forefront of this thrilling development.
It's important to note that the property is currently leased until September 30, 2024. This unique setup allows the purchaser to enjoy a healthy return on their investment while strategically planning their relocation or business launch. This is your chance to secure a stake in the future of racing.
Whether you're an established trainer seeking a strategic move or an investor ready to invest in the future, this property at Pakenham Racecourse is your gateway to racing success. Don't let this exceptional opportunity pass you by. Be part of the future - your future!
Please note: All property details listed were current at the time of publishing. Due to extreme buyer demand, some properties may have been sold in the preceding 24 hours. Therefore confirmation of all opens with the listing agent within 24 hours of their scheduled opening is advised.
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Property Details for 11 Knights Ct, Tynong

Building Type
Land
Land Size
0.7ha

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About Tynong 3813

The size of Tynong is approximately 21.3 square kilometres. The population of Tynong in 2011 was 684 people. By 2016 the population was 436 showing a population decline of 36.3% in the area during that time. The predominant age group in Tynong is 50-59 years. Households in Tynong are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Tynong work in a trades occupation. In 2011, 79.6% of the homes in Tynong were owner-occupied compared with 80.6% in 2016.

Tynong has 273 properties. Over the last 5 years, Houses in Tynong have seen a 32.66% increase in median value. As at 31 October 2024:

  • The median value for Houses in Tynong is $910,945 while the median value for Units is $627,493.
  • Houses have a median rent of $345.
There are currently 4 properties listed for sale, and no properties listed for rent in Tynong on OnTheHouse. According to CoreLogic's data, 7 properties were sold in the past 12 months in Tynong.

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Troy Farrell
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LJ Hooker Pakenham
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