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RURAL & AGRIBUSINESS

Ridgeview Park stud farm on the market

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AFTER a long career in the thoroughbred horse industry, Phil and Fiona Sloane have listed their Ridgeview Park stud farm outside of Bendigo for sale.

Rodwells Ruralco Property’s Jeanette Laffan, in conjunction with Matt Childs from Pat Rice & Hawkins, are marketing the 104-hectare Ridgeview site on which all building improvements are located, with the option of purchasing an adjoining 35.6 -hectare lot of fertile pasture with two road frontages and three paddocks each with a dam.

Expressions of interest for 565 Muskerry East School Rd closing on 21st August. Ridgeview is expected to fetch more than $900,000, with all the homes and horse facilities, and Lot 2 an additional $200,000.

Ridgeview is located just 10 kilometres east of the Northern Hwy, and midway between Bendigo and Elmore the property is ideally. The property is set up for its next stage of use as a stallion farm, broodmare agistment, or as a racehorse pre-training facility, given its easy access from the thoroughbred racing centre of Bendigo.

Sloane has had a long career involvement in the thoroughbred industry, and has accepted an appointment with a major thoroughbred stud close to his origins at Cootamundra.

Ridgeview Park has a breeding barn of 19 stable boxes, including six stallion boxes, with nine foaling down paddocks supported by a brick foaling barn with five boxes, round yards plus an electric six horse walker.

Sloane said the Ridgeview has “turned out plenty of winners at Victorian and interstate race meetings from racehorses bred and reared on the property.

“We have comfortably housed up to 90 brood mares including our own and agistment stock,” Sloane said.

In a peak breeding season the mare population has soared to over 150 mares under walk in walk out serving arrangements with the stallion bank.

“We have demonstrated the solid income potential from agistment and stallion service fees and I consider that an experienced breeder, racing person, an investor, or under management this potential could be easily enhanced.”

There is also an original exercise or work track around the farm which although not used for some time could be easily reinstated if the purchaser required a racehorse pretraining facility.

Support buildings include a hay shed, lock up machinery shed with all the paddock infrastructure based around a well-designed laneway access system.

Water resources include dams of fourteen and eleven megalitres in size plus 100,000 litres of rainwater storage.

Housing facilities include a main four-bedroom, two-bathroom double-brick homestead, with a fully self-contained guest wing and a large management office, set in an established garden with a triple-car brick garage  and an in-ground swimming pool. There is also a two-bedroom timber cottage with an additional one bedroom cottage.

The agents said a racecourse trainer could “easily see the opportunities for use as a pre-conditioning and training farm as there are multiple leading regional racecourse like Bendigo, Echuca, Tatura and Seymour and others within an easy 100 kilometre radius, with the rapidly growing Bendigo training and racing complex only thirty kilometres away”.