The Equestrian Estate Generating $240k Annually Hits the Market
A unique property offering a blend of luxury living, extensive equestrian facilities, and significant rental income has recently been listed for sale on the outskirts of Brisbane. Spanning nearly four hectares in Cornubia, this expansive estate features three distinct residences and robust commercial potential, presenting a rare opportunity for investors, multi-generational families, or serious horse enthusiasts.
Located at 173-187 Carbrook Road, the property is being marketed by Ray White agent Steve Goodson as a versatile asset that functions much like a private resort. With an estimated monthly income of $20,000 derived from agistment and commercial storage, the estate combines high-end residential comfort with substantial financial returns.
A Lucrative Income Stream and Equestrian Infrastructure
The financial appeal of this property is anchored in its extensive equestrian and commercial capabilities. The grounds are equipped with ten horse paddocks, each accompanied by feed sheds, alongside dedicated tack rooms and stables. These facilities, combined with large commercial sheds and storage areas, generate approximately $240,000 in annual income.
The layout is designed for serious animal husbandry or recreational riding. Buyers will find ample space to explore the paddocks via horseback or motorbike, supported by wide access routes suitable for trucks, horse floats, caravans, boats, and heavy machinery. The quiet street location ensures a serene environment while maintaining proximity to essential urban amenities.
Three Independent Residences for Versatile Living
The estate’s primary draw is its ability to accommodate diverse lifestyles through three separate dwellings. The main residence serves as the centerpiece of the property, offering six bedrooms across multiple living zones ideal for extended families. Key features include a large entertainer’s kitchen equipped with a butler’s pantry and servery, four bathrooms, and a spacious laundry.
Downstairs in the main home, residents will find separate living, dining, and family rooms. Three of the bedrooms feature walk-in robes and ensuites, while the rest of the house includes a home cinema, games room, and bars for indoor entertainment. The outdoor area mirrors this level of luxury with a swimming pool, tennis court, gazebo, barbecue station, and firepit set within manicured gardens.
Beyond the main house, the property offers two additional income-generating or family-supporting structures. The second residence is a four-bedroom home with its own entrance and a fully fenced yard, suitable for rental purposes, short-term accommodation, or hosting relatives. The third dwelling is a self-contained granny flat featuring a living area, kitchenette, and a room that can serve as either a bedroom or an office workspace.
Prime Location and Prestige Acreage
While the property offers the privacy and quiet of rural acreage, its location remains highly strategic. Situated southeast of Brisbane, it is positioned within a prestige pocket where comparable properties are typically smaller and lack such extensive facilities. Residents enjoy easy access to leading schools and are just minutes away from the Logan Hyperdome shopping center.
Connectivity to major hubs is also a significant advantage. The estate is located within 30 minutes of the Brisbane CBD, Brisbane Airport, and the renowned beaches of the Gold Coast. This combination of remote-style privacy, resort-like amenities, and urban accessibility makes the property suitable for a wide range of buyers, from business owners needing ample storage to those seeking a multi-generational family compound.