Mick Dittman Stable Complex for Sale
A purpose-built horse stable complex investment in the Bundall Equine Precinct on the Gold Coast owned by racing legend Mick Dittman and used by leading trainer Toby Edmonds is being offered for sale through Ray White Broadbeach.
The property on an approximately 3,000 sqm block at 88 Racecourse Drive, Bundall, is being marketed via Expressions of Interest by Tony Grbcic and Adam Grbcic of Ray White Broadbeach.
Tony Grbcic said the property leased by Toby Edmond is the newest and most modern facility within the Bundall Equine Precinct and is rented for approximately $175,000 plus GST per annum on a three-year lease with a two-year option.
“This outstanding facility is part-owned by one of Australia’s greatest jockeys, Mick Dittman, who during his career won more than 1700 races including the Melbourne Cup, Caulfield Cup, two Cox Plates and three Golden Slippers,” he said.
“It is also the closest facility to the Gold Coast Turf Club, therefore, there has always been a high demand and high occupancy at this complex.”
Adam Grbcic said the complex includes a gross building area of approximately 1,885 sqm over two levels, 60 stable boxes, covered walker facility with a state of the art treadmill, and a two-bedroom caretaker’s residence.
“The strength of this precinct and property is underpinned by the locality and facilities of the Gold Coast Turf Club,” he said.
“The ongoing upgrades and infrastructure at the Turf Club are a representation of the strength and growth in the local racing industry.”
Expressions of Interest close at 5pm (AEST) on Friday, October 6, 2017.