Established Equestrian Enterprise Three Residences Multiple Income Streams Future Rezoning and Subdivision Potential
An exceptional opportunity to secure a substantial 43.66-acre rural estate in the heart of Serpentine, combining an established equestrian operation, extensive horse facilities, three separate residences and exciting long-term investment potential.
Currently operating as a successful DIY Agistment Centre, the property offers significant scope to expand into a premium full-board agistment operation, increasing income through better utilisation of the extensive existing infrastructure. Full financials are available upon application.
The inclusion of three separate residences provides outstanding flexibility for multi generational family living, staff accommodation or supplementary rental income. The self-contained three-bedroom residence is currently vacant and ideally suited to accommodate a live-in agistment manager, while the secondary four-bedroom residence is currently occupied under a periodic lease.
Also available for separate purchase is an established ancillary business generating a healthy income, which can continue operating from the property or be relocated, offering further commercial opportunity.
Adding another significant dimension to the investment proposition is the property's strategic position adjoining the established Serene Acres semi-rural estate. Any future rezoning or subdivision remains subject to planning assessment and the necessary statutory approvals.
Formerly known as 'Castle Downs Thoroughbreds', the property features
comprehensive horse training and breeding facilities, including:
EQUINE FACILITIES
Quality 650sqm brick stable complex featuring ten 9m x 6m boxes, extra-wide breezeway, electric roller doors, wash-down bays, mare and foal crush, three cross-tie bays, open feed room and two lock-up tack rooms.
Fully fenced 40m x 20m arena.
700-metre cambered fast training track and larger perimeter slow track
(currently overgrown).
Large round yard and purpose-built rubber-lined mare and foal loading facility.
Eight reticulated paddocks with brick WIWO shelters, sleeper flooring and day yards.
Five large spelling paddocks with excellent fencing throughout.
Licensed bore allocation of 36,920kL per annum with three-phase submersible pump.
Lockable 90sqm workshop, undercover float and truck parking and two 6m sea containers.
THREE SEPARATE RESIDENCES
Main Residence 4 x 2
An impressive double-brick and Colorbond home offering 215sqm of internal living, built in 1996 and surrounded by wide, shady verandahs. Beautifully presented, the home combines timeless country charm with generous family accommodation.
Features include:
Four spacious bedrooms and two bathrooms, including an impressive master suite with walk-in robe, luxurious ensuite and private balcony.
Multiple living areas, including formal dining, expansive family room and upstairs retreat.
Quality kitchen with stone benchtops, extensive cabinetry, walk-in pantry and quality appliances.
Beautiful jarrah flooring, feature stained-glass entrance and striking jarrah staircase.
Spacious home office, which could also serve as a gym.
Established gardens, fruit trees, vegetable gardens and outdoor entertaining areas.
Double garage, 6.5kW solar system and bore-fed reticulation.
Second Residence Self-Contained 3 x 1
Approximately 100sqm of living, privately positioned and separated from the main home by the double garage. Features three bedrooms, functional kitchen, bathroom, reverse-cycle air conditioning to the main bedroom, slow combustion wood heater and full-length rear verandah. Ideal for extended family, staff or potential rental income.
Third Residence Self-Contained 4 x 1
Approximately 120sqm of living, positioned on the northern boundary and currently occupied under a periodic lease. Features four bedrooms, combined bathroom/laundry, separate toilet, front verandah, single carport, workshop and storage shed.
STRATEGIC LOCATION AND FUTURE POTENTIAL
Enjoying a highly accessible rural location:
Just minutes from Serpentine town centre.
Approximately five minutes from the Tonkin Highway extension (under
construction at the time of listing).
Less than an hour from the Perth CBD.
Adjoining Serene Acres Estate, an established semi-rural subdivision connected to scheme water.
The property offers a productive mix of sandy and clay-based soils, established pasture and excellent grazing capacity, further enhancing its versatility.
Whether you are looking to expand an established equestrian enterprise, create multiple income streams, accommodate an extended family or secure a substantial rural landholding with potential for future rezoning and subdivision, this remarkable property offers an opportunity rarely found so close to Perth.
An established equine enterprise. Three residences. Multiple income
opportunities. 43.66 acres with exciting future potential.
For your private appointment to view, please contact
Kim Koch on 0407 777 923.
INFORMATION DISCLAIMER: This document has been prepared for advertising and marketing purposes only. It is believed to be reliable and accurate, but clients must make their own independent enquiries and must rely on their own personal judgement about the information included in this document.
