A well-known Toowoomba businessman has moved to sell a premium thoroughbred horse training facility in Queensland’s Darling Downs region.
CBRE Agribusiness has been appointed to market the Bahram Stud Training Centre (BSTC) on behalf of Gregg Wagner.
Comprising a total land area of 31.72 hectares over two freehold titles, the high-quality training facility specialises in horse breaking, spelling and pre-training. The facility has produced several winning horses in recent years, including Temple of Boom, Spirit of Boom and Captain Sonador.
The property includes a modern stable complex featuring 84 stables across four barns with day yards, 16 walk-in-walk-out stables, 15 spelling paddocks, a 1,450m sand training track and 1,430, irrigated turf track. The facility also comprises a state-of-the-art veterinary complex and enclosed machinery shed with workshop.
The recently renovated main residence is set amongst manicured gardens and a manager’s residence is also of a high standard.
CBRE’s Geoff Warriner, who is selling the property with colleagues Chris Holgar, Thomas Warriner and Simon Cudmore, said the property represented an outstanding opportunity to acquire a substantial footprint in the equine industry.
“With current lease agreements in place providing significant annual income, this property is perfect for an industry participant wanting access to premier training facilities or an investor wanting exposure to the equine industry,” Mr Warriner said.
“The sale opportunity comes amid recent activity in the Queensland thoroughbred industry, which includes notable investments in the sector from international billionaires such as Hong Kong based Mr Tony Fung at Aquis Farm.”
The property benefits from direct frontage to the Gore Highway, ease of access to Wellcamp Airport and fit-for-purpose high quality infrastructure that underpins the equine operations.
Expressions of Interest close Wednesday 27 September at 4pm AEST.
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About CBRE Group, Inc.
CBRE Group, Inc. (NYSE:CBG), a Fortune 500 and S&P 500 company headquartered in Los Angeles, is the world’s largest commercial real estate services and investment firm (based on 2016 revenue). The company has more than 75,000 employees (excluding affiliates), and serves real estate investors and occupiers through more than 450 offices (excluding affiliates) worldwide. CBRE offers a broad range of integrated services, including facilities, transaction and project management; property management; investment management; appraisal and valuation; property leasing; strategic consulting; property sales; mortgage services and development services. Please visit our website at www.cbre.com.
About CBRE Group, Inc.
CBRE Group, Inc. (NYSE:CBG), a Fortune 500 and S&P 500 company headquartered in Los Angeles, is the world’s largest commercial real estate services and investment firm (based on 2016 revenue). The company has more than 75,000 employees (excluding affiliates), and serves real estate investors and occupiers through more than 450 offices (excluding affiliates) worldwide. CBRE offers a broad range of integrated services, including facilities, transaction and project management; property management; investment management; appraisal and valuation; property leasing; strategic consulting; property sales; mortgage services and development services. Please visit our website at www.cbre.com.
