15-17 Jeffrey Street, KYNETON, 3444, Victoria

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Subject: 15-17 Jeffrey Street, KYNETON, 3444, Victoria

Sold

Sold for $475,000 (May 16, 2018)

A STABLE INVESTMENT

Property ID: 9451237

Boost your trackside training or property portfolio with this 25 box equine facility in Kyneton.

Establish your stables just 300 metres from the picturesque 1616m racecourse on the edge of the Campaspe River.

Join a community of approximately 60 local trainers who practice their craft from Kyneton Racecourse.

From this base in the Macedon Ranges you’ll be well positioned to get your starters to country race meetings, and only an hour from the action at Flemington.

The property is equipped with all of the facilities you need to train winners, including a large horse walker, round yard, wash bay, shoeing and tack sheds.

You’re set for all conditions with four well-constructed and sturdy steel stables, concreted storage areas and undercover walkways.

The on-site weatherboard clad office offers separate rooms, bathroom and toilet.

You’ll be situated in a quiet spot at the edge of the Kyneton township, opposite a community oval and adjacent to the racecourse. The property is connected to mains water and power.

The current periodic tenancy points to strong investment potential. Kyneton buyers are getting good dividends from one of regional Victoria’s major growth areas.

This property features three street frontages, including a parcel of vacant land facing Beauchamp Street, which presents a great opportunity to develop a modern home or training headquarters (STCA).

Get yourself ready. You do not want to be pipped at the post on this one

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R&H Suburb Profile: Kyneton

Learn more about Kyneton
R&H Suburb SummaryHouses
Number of sales 131
Average Price $501,647
Median Price $473,500
Median Rental Price $370 p.w.
Change in Rental Rate (5yr) 22 %
R&H Suburb SummaryUnits
Number of sales 21
Average Price $362,429
Median Price $375,000
Median Rental Price $305 p.w.
Change in Rental Rate (5yr) 16 %
Kyneton, VIC - Median Trend
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