65 Five Mile RoadPakenham South VIC 3810
Property Details for 65 Five Mile Rd, Pakenham South
Last Listing description (May 2024)
CAVALLINO ESTATE, a highly acknowledged thoroughbred complex located at Pakenham is proudly brought to the market by Nutrien Harcourts. Boasting absolute state of the art infrastructure including an Olympic size fully enclosed arena plus an outdoor arena and modern stable units, this outstanding, highly developed equine facility is currently operating as a thoroughbred pre training and spelling complex having been specifically developed initially as a professional equestrian centre. Such is the standard, quality and range of infrastructure, this magnificent complex is ideal and readily adaptable to accommodate any equine discipline including equestrian/dressage through to veterinary and or rehab centre and is conveniently located between the key racing centres of Pakenham and Cranbourne.
The property lays claim to be the pre training centre and spelling home for some of the lands finest and well known group one thoroughbred horses.
Apart from the commercial potential for a trainer or owner operator, this property, approximately 5.5 kms. from the UGB, represents an outstanding landbank opportunity for astute investors seeking a property capable of producing significant lease returns on investment as well as capital growth.
Cavallino Estate, shrouded in magnificent mature trees, represents an unmissable opportunity for those professional owners and or trainers seeking to house and train their quality equine in the finest establishment on the outer SE fringe of Melbourne fully.
The property is for sale by Expressions Of Interest by Nutrien Harcourts.
KEY FEATURES:
- 11.5 hectares (28.5 acres) excellent peat loam free draining soil, water, bore,
- Proximity to Melbourne UGB, Monash freeway and leading racing centres,
- Highly adaptable to a range of professional equine activities,
- Meticulously presented suite of quality infrastructure and facilities including,
- 16 stables in 3 units, 4Mx4M, all lined, rubber floors, auto drinkers, tack rooms,
- 16 paddocks with loose boxes, top rail/mesh and hot wire fenced, laneways,
- International standard indoor arena as new, adjoining 6M concrete aprons
which could readily convert into additional stables,
- Outdoor arena, 10 horse "GG Engineering" walker, day yards, cross ties, wash bays, Full operational facilities including feed rooms, tack rooms, kitchenette, amenities,
- Absolute manicured presentation including fully concreted driveways, security gates,
- Excellent 270SqM Heritage influenced home, verandahs, carport.
For further information or to arrange private inspection please contact Ray Cullen on 0429 977 313
Property History for 65 Five Mile Rd, Pakenham South, VIC 3810
- 02 Nov 2023Sold for $3,500,000
- 06 Apr 2023Listed for Sale Not Disclosed
- 08 Jul 2013Sold for $2,079,000
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0About Pakenham South 3810
The size of Pakenham South is approximately 22.7 square kilometres. The population of Pakenham South in 2011 was 235 people. By 2016 the population was 198 showing a population decline of 15.7% in the area during that time. The predominant age group in Pakenham South is 60-69 years. Households in Pakenham South are primarily couples with children and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Pakenham South work in a managers occupation. In 2011, 70.9% of the homes in Pakenham South were owner-occupied compared with 72.4% in 2016..
Pakenham South has 126 properties. Over the last 5 years, Houses in Pakenham South have seen a 17.62% increase in median value. As at 30 September 2024:
- The median value for Houses in Pakenham South is $1,431,124 while the median value for Units is $883,467.
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