SOLD
Sold on 05 Aug 2024 for $2,630,000

76 Beaconsfield-Emerald Road
Beaconsfield Upper VIC 3808

Bedrooms: 3
Bathrooms: 4
Car spaces: 24
Floor area: 4m2
Land area: 36m2
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Property Details for 76 Beaconsfield-Emerald Rd, Beaconsfield Upper

Building Type
Commercial
Floor Size
4m2
Land Size
36m2
Local Government
Cardinia
Lot/Plan
1/LP123993

Last Listing description (April 2023)

Brilliantly set up as a high-performance equestrian facility featuring a 170-seat 63x26m indoor arena, the Victorian Equestrian Centre in the foothills of the Dandenongs is a picturesque 36 acre property and a unique business opportunity.

Well established as a premier riding and learning centre with 35 agistment paddocks and potential to further expand its business uses, the property is barely 50 minutes from the CBD and ideally located to serve the citys rapidly growing south-east corridor.

Two outdoor arenas, ample parking, wash down and strapping areas, holding yards and a 20m rubber-lined round yard are also on the property with permits for a 36 stable complex with more tie ups, tack rooms and a feed and hay shed.

The main arena with a mixture of Rye sand and Martin Collins clopf fibre surface hosts a number of professional local dressage and show jumping instructors and features a cafeteria and meeting room, commercial kitchen and office areas upstairs with showers, toilets, tack and storage rooms below.

There is also a comfortable four-bedroom log cabin-style residence with two bathrooms and a large central kitchen, meals and living area beneath vaulted ceilings that opens to an alfresco deck.

With $2 million invested in the property over the past three years including re-fencing with strong diamond mesh and a hot top wire, new gates and automatic water troughs, the property is also serviced by town water and a large spring-fed lake.

With two road frontages and just a few minutes drive from golf courses, vineyards, schools and shops, this is a unique opportunity to own and run a prestigious major equestrian centre.

Homes and Acreage are proud to be offering this property for sale To arrange an inspection or for further information, please contact the office on 1300 077 557.

Features:
36 acres (Approx.)
Martin Collins 63x26m indoor arena (Seats 170)
Office, cafeteria, toilets, storage areas
2 sand base outdoor arenas
20m rubber lined round yard
Permit for 36 stables
24 holding yards
35 paddocks, including 5 pony paddocks
Undercover strapping stalls
Hot wash
New fencing, gates, water troughs
Ample parking
Spring-fed lake, mains water
4BR residence, master ensuite
Sandy loam soils
Two road frontages
Mains water, bottled gas & septic

Improvements since December 2021:
Double sized horse shelters with crusher dust

Fully enclosed and lockable Stable complex including new hot wash system, storage and tacking up tie ups

Martin Collins Cloft indoor and outdoor arenas relevelled and rejuvenated

Brand new state of the art automatic gates with cabling for security cameras including impressive stone pillars

Property has been soil tested and paddocks all professionally sprayed for weeds as well as mulched throughout

Cabin improvements are as follows: New carpet installed throughout the home, new curtains, split system, hot water system, new pergola at the cabin for cars, shade and entertaining.

Property History for 76 Beaconsfield-Emerald Rd, Beaconsfield Upper, VIC 3808

A timeline of how this property has performed in the market
Last Sold
$2,630,000
05 Aug 2024
Listed for Rent
$1.45k/w
07 May 2020
  • 05 Aug 2024
    Sold for $2,630,000
  • 25 Jan 2023
    Listed for Sale EOI Closing 30 June
  • 03 Dec 2021
    Sold for $2,675,000
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About Beaconsfield Upper 3808

The size of Beaconsfield Upper is approximately 28.6 square kilometres. It has 14 parks covering nearly 9.6% of total area. The population of Beaconsfield Upper in 2011 was 2,843 people. By 2016 the population was 2,862 showing a population growth of 0.7% in the area during that time. The predominant age group in Beaconsfield Upper is 50-59 years. Households in Beaconsfield Upper are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Beaconsfield Upper work in a professional occupation. In 2011, 94% of the homes in Beaconsfield Upper were owner-occupied compared with 92.8% in 2016.

Beaconsfield Upper has 1,059 properties. Over the last 5 years, Houses in Beaconsfield Upper have seen a 117.77% increase in median value. As at 30 September 2024:

  • The median value for Houses in Beaconsfield Upper is $1,762,564 while the median value for Units is $654,694.
  • Houses have a median rent of $435.
There are currently 11 properties listed for sale, and no properties listed for rent in Beaconsfield upper on OnTheHouse. According to CoreLogic's data, 22 properties were sold in the past 12 months in Beaconsfield upper.

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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.