Strong interest in landmark estate

Written on the 12 October 2014 by Gold Coast PR company Consulting Hall

 

AN expression of interest campaign for a magnificent equestrian estate in the Gold Coast hinterland has attracted strong interest from international buyers.

Melbourne Cup-winning trainer John Meagher is selling the 21 hectare property called Rivermead at 213 Kriedeman Road, Guanaba, through an expression of interest campaign being run by Lucy Cole Prestige Properties.

Gold Coast property queen Lucy Cole said the marketing campaign had attracted interest from Australia, New Zealand, Asia and the United Kingdom.

“It’s a beautiful property that could be purchased for many uses ranging from a tourism venture through to a working farm or a family home,’’ she said.

“It is one of the largest landholdings remaining the region and it could be used for any number of agricultural pursuits.

“At the moment the Meagher family have cattle, sheep and horses grazing on the property.”

Mr Meagher bought Rivermead in 2010 to use as his Australian training base after spending 11 years racing horses in Singapore.

The property, which has previously been home to Gold Coast Polo & Country Club, was previously owned by Swiss-born philanthropist and winemarker Nicolaus "Nicky" Hahn

Ms Cole said the buyers of Rivermead could use as it a function and convention centre, an upmarket bed and breakfast, a health spa, a sports training retreat, a redevelopment site and a thoroughbred breeding facility.

Ms Cole said the centerpiece of the property was a majestic three-storey 1400sqm colonial homestead which featured wrap-around verandahs, a dining room large enough to host small conferences and a bar that previously was a licensed venue.

Rivermead, which is spread over three titles, also features a separate century-old historic farmhouse,  a modern three-bedroom lodge with offices at the property’s main entrance, a stable complex with dressage and lunging arenas to cater for up 60 horses, an illuminated tennis court, a swimming pool, a gym, a sauna, and two irrigated laser-levelled polo fields.

While the property sits outside the development footprint outlined in the South East Queensland regional plan, it can be subdivided into five large rural lots or it could be held as land-banking opportunity.

The property has irrigation water rights for the Coomera River and previously had development approvals in place for up to 10 two-bedroom guest cottages.