18 July, 2011

Magnificent Jindabyne Equestrian Resort hits the market for first time

It’s fast becoming a Snowy Mountains icon, but owner Garry Fischer has reluctantly listed his beloved Jindabyne Equestrian Resort for auction in Raine & Horne’s Auction Rooms on 6 September, 2011 in Sydney.

“The resort, located at the corner of Kosciuszko Highway and Hill Top Road, Jindabyne, is a going and growing concern and has been offered for sale for the first time due to family reasons,” Mr Fischer said.

“Building costs were around $7 million (not including land value) but I am ready to move on and will consider genuine offers prior to the auction.”

According to Mr Fischer, the vision for the equestrian resort was developed after years of research and extensive travel in Europe and Australia.

“It’s designed by architects in Warendorf, North Germany, where every village has an equine centre,” Mr Fischer said.

Work started in 2001 and the equestrian resort was completed in three stages by 2005/2006.

“The world’s best technology in design, architecture and equine handling techniques were adopted to create a truly five-star ‘world class’ facility, set against a beautiful alpine backdrop.

“It is fully operational in its present form with stage four still to come – a purpose-built modern three star budget backpacker type accommodation plus six, five-star luxury cabins in a bush setting,” Mr Fischer said.

Exclusive agent Ben Clancy, Raine & Horne Snowy Mountains, said the Jindabyne Equestrian Resort represented an excellent opportunity for owner-occupiers or investors wanting to lease the resort business.

“It can be bought as an investment opportunity with a manager and staff in place. Or you could take it in a totally different direction,” Mr Clancy said.

“It’s also perfect for anyone with a business interest in equestrian sports, thoroughbred racing, breeding, training, or the hospitality industry.”

Mr Clancy confirmed the resort was a thriving business with solid cash flows generated by robust demand for its accommodation and its equestrian facilities.

“The massive indoor arena, the 20 indoor luxury stables and the five-star suites cater to experienced horse riders, skiers, fishermen, families and groups, with two levels of accommodation available to cater for everyone's needs.

“There are also several outdoor arenas that can be used for rodeo, training or lunging yard purposes.

“The resort combines the vibrancy of cosmopolitan Jindabyne, the leafy charm of the Australian Bush, the sophistication of German engineering and the true heritage of ‘Man From Snowy River’ country”, Mr Clancy said.

The resort is situated in the heart of the Snowy Mountains, right on the Kosciuszko Highway, just 15 minutes before Jindabyne, two hours from Canberra and six hours from Sydney. It is also 40 minutes by car to Perisher Valley and 45 minutes to Thredbo Village.

The auction for the Jindabyne Equestrian Resort will be held at Raine & Horne’s Auction Rooms, Ground Floor, 55 Harrington Street, Sydney from 10.30am on 6 September, 2011.

For more information or to organise an inspection, contact Raine & Horne Snowy Mountains on (02) 6456 2999.

Raine & Horne is an iconic Australian property firm, with more than 360 offices worldwide. Also an established Superbrand along with Qantas, Vegemite, Woolworths and Myer, the company has four distinct property service brands including Raine & Horne Residential, Raine & Horne Commercial, Raine & Horne Rural and Raine & Horne Financial.

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For further media information contact:

Ben Clancy, Raine & Horne Snowy Mountains, 02 6456 2999 or 0413 778 501.

Anna Truman, National Marketing & Communications Co-ordinator, 02 9258 5448.