72 Weetwood Street, Newtown QLD 4350

An incredibly rare opportunity to secure one of only 3 'small lot' horse racing properties in existence with direct access to Clifford Park racecourse. This property gives trainers the chance to be trackside with a stable complex comprising 8 good sized boxes within a colorbond barn, secured by front and rear lockable roller doors, feed room, wash bay and day yard. The current stable layout could also be altered with rear doors to access yards off each box which would only elevate the property as a training establishment. No need for floating to the track when you can saddle up and have direct access to the laneway leading to the trackwork crossing, pool, sandroll and other Clifford Park facilities.

The property hosts a basic 1955 built timber home with 3 good sized bedrooms, modern kitchen with open plan living, plus the benefit of a large separate living area. The home has been re-stumped and a new stove and Hot Water System installed in the last few years. While the house could undertake further renovation, there is currently a tenant in place for house and stables until 2 December 2025 @$620/week.

For the investor, it is forecast that each stable could be rented at a minimum of $50p/w, per box and a range between $450-$480 for the house, with shared access.

Call Dave to arrange a private inspection.