17 Creek Ridge Rd, Glossodia is a 6 bedroom, 3 bathroom House. The property has a land size of 169900m2. While the property is not currently for sale or for rent, it was last sold in May 2022.
An exciting opportunity awaits for the astute investor to purchase this established equine training facility with existing long term commercial lease in place till Feb 2025, currently returning $148,719.96 (inc gst) in rent per year!
Land bank or hold for future purpose while the rent rolls in and provides security, as this tenancy houses a very successful training business that has personally invested both time and income into the property, currently running to full horse capacity with staff working and living onsite, and ongoing maintenance and pride of property very evident.
This approx 42 acre purpose built property, lined roadside with established Manchurian Pear trees, is offered with two main residences - one a three bedroom character home with separate studio; and the second, a timber cabin style home with 3 bedrooms, vast living spaces and inground pool.
Disclaimer:
Best Nest Property urges you to obtain professional advice before proceeding with any investment or property related decision. All information contained herein is gathered from sources we deem to be reliable, or has been passed to us by third party services; we cannot therefore guarantee its accuracy and interested persons should rely on their own enquiries and investigations.
The size of Glossodia is approximately 15.5 square kilometres. It has 6 parks covering nearly 1.8% of total area. The population of Glossodia in 2011 was 2,855 people. By 2016 the population was 2,818 showing a population decline of 1.3% in the area during that time. The predominant age group in Glossodia is 0-9 years. Households in Glossodia are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Glossodia work in a trades occupation. In 2011, 86.3% of the homes in Glossodia were owner-occupied compared with 79.5% in 2016.
Glossodia has 1,009 properties. Over the last 5 years, Houses in Glossodia have seen a 60.28% increase in median value, while Units have seen a 600.05% increase. As at 31 October 2024:
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