" The income pays the Mortgage"
5 Minutes from the Rat Race
but with the Kookaburras laughing and the Koalas snoring. Tranquility
for Horses and Humans.
'Gainsborough' supports more than
double the cost of any level of Deposit as demanded by the Banks.
It pays 2.5 times a 70% Mortgage Line.!!....WITHOUT self
generation of any Horse related Business Services!!
Subdivision in 10 Years.
REASON FOR SALE
We live at Victor Harbor. It used to be
90 Minutes drive. It is now over 2 Hours. The Roads have not kept
pace with the Population Grrrrrrrrrrrrrrrr
20 Years ago, John and Linda O'Leary
purchased the Property, in a completely run down state. They named is
'Gainsborough', after John's Uncle's Racehorse Stud that he built in
the 60's in Queensland, to house a Stallion he had Purchased off Queen
Elizabeth 11. Alfred Grant basically invented Surfers Paradise.
Owned 20 Years and no Capital
Reason for sale, subdivision
confirmed for 10 Years time and Owner doesn't want to wait...and
the property (due to increase in Traffic) is now 2 hours drive
from Vendors' Home.
Owned in a Company
Sold as a going concern and
no GST applicable
Owned 20 Years, the closest
and best Equestrian Centre to the City. 3 Minutes from Woolworths.
Bullet Proof and booked out
Subdivision commencing across
the Road soon.
30 Stables, Yards, Paddocks
and 2 more approved with Construction Site done.
6kw Solar System and the property
incurs around $200 a Year electricity charges only . No power bills.
Approved and Licensed Bore
250,000 Litres of Rainwater
(on most Stables)
Wrought Iron and Pillar front
3 Car Garage plus workshop
with full size Pit.
Hay Shed, Silo, Crush
3 Wash Down Bays and tie up
3 Round Yards
ALL WEATHER (no matter what)
Show Jumping and Flood Lit Dressage Arenas.
Public Car Park, 2 Horse Float
Loading and Parking areas
3 Electric Fence systems
Heavily Wooded and shaded,
EVERYWHERE!!! Resident Koalas and Kookaburras
37 Minutes (23 kms from Adelaide
No water/sewerage bills.
Improved and weed free pastures.
Totally horse safe fencing
with 8 inch Posts, 150 x 50 Creosote Rails, post and rail,
100 x 50 x 2.5mm Galvanized Yard Rails, electrics everywhere,
and bayco plastic. NO WIRE ON THE PROPERTY!!
INCLUDED IN SALE
The Holding Company and 100
The Registered Business Name
'Gainsborough Equestrian Centre"
The Business of
'Gainsborough Equestrian Centre
22 Poly Rain Water Tanks
Closed Circuit Security system
6 KW Solar system
Sprinkler systems on Roofs
of Stables 1-10 (the Bush Fire direction)
8 Tone Silo
4 Electric Fence Units
Solar Units, inverters and
Batteries covering 14 Stables.
EXTRA AVAILABLE BUSINESS
The Management has knocked
back a minimum of 2 new Riding Pupils per Week, for 20 Years. Advising
a Client to start accepting some of these, a $7,000 per Week income
was achieved inside 2 Years, by that Lady (who was a Novice)
A Farrier wouldn't have to
step off the Property
If Race Horses were spelled
it would be the closest to Metro and Gawler Courses.
A Coach would immediately be
4 Bedroom (all large) living, Office,
2 Ensuites, massive Kitchen, Dining, Two Walk in Robes, walk out
to Fernery from Lounge and Main Bedroom, reverse cycle air-conditioning
and a Split system, paved entertainment area.
HOME TOTALLY AND FULLY RENOVATED
AS NEW!!!!!!!!!!! including electrical.