Nestled adjacent to the Matamata Racing Track, 320 Hinuera Road presents an exclusive equine haven on an expansive 8.0958 hectare freehold block. This specialist horse training facility, complete with a renovated 1970's three-bedroom home and a single bathroom, offers a rare investment opportunity. The property boasts a double carport, 19 horse boxes, a Hi Speed Six Horse Walker, a Hi Speed Tread Mill, and extensive day yards, among other amenities. With a Capital Value (CV) of $2,200,000 as of July 2021, representing a growth of 38.36% from $1,590,000 in July 2018, the value of this property is on the rise. The HouGarden AVM estimates the property's worth at $2,165,000, while the latest sale in 2009 was for $425,000.
Unknown in terms of roof and wall construction, this property's potential is undeniable. It is zoned for Hinuera School, a contributing primary with a decile rating of 7. The property's contour and the condition of the building elements may be unknown, but the promise of a unique equine lifestyle in a prime location is clear.
With horse-friendly fencing and water supplied via a bore with a filtration system, this property is ready for its next owner. Auction scheduled for 7th November 2024, unless sold prior. Explore the advertised open days or contact Jack for a private viewing to discover the full extent of what's on offer in this horse training facility.
Updated on November 07, 2024