The owners of this acreage property ramped up its recreational appeal with a heart-pumping motocross track and have resold after one year for a big profit.
The 3.19ha estate at 647 Stanmore Rd, Luscombe was snapped up for $1.165m just 8 days after hitting the market.
Listed by Ray White agent Brooke McCamley, it comprised a modern raised home with three bedrooms and two bathrooms, as well as a host of amenities to suit equestrian enthusiasts, including four fenced paddocks, two stables and a night yard, plus a large arena and round yard.
While it was billed as “the perfect horse property”, Ms McCamley said the sellers had broadened its appeal by adding an epic motocross track to the side of the property.
“This property really had something for everyone, whether you love horse riding or motocross, it’s the perfect property for all the kids to ride their hearts out,” she said in the listing.
Property records show the home last changed hands for $950,000 in January 2022.
The new owners were upgrading from a smaller holding in Brisbane’s affluent suburb of Chandler to the rural locality in the city of Gold Coast.
Ms McCamley said the property was located a short drive away from the motorway, allowing for an easy drive to either the Brisbane CBD or the Glitter Strip.
She said listings in the area were in high demand, particularly by househunters whose previous properties were impacted by last year’s floods.
The 2009-built home’s features included raked ceilings through the main living area, along with a separate rumpus room and a large downstairs patio complete with a spa and firepit area.
There’s also a large garage with a workshop, and a range of fruit trees.
“The gorgeous homestead is perched high on the property to take full advantage of the spectacular scenic views and cooling summer breezes.”
Article source: Queensland Property Investor