3010 Riley Road, Stoneville, WA, 6081, Australia

We, Just Real Estate (WA), are pleased to announce the listing for sale of number 3010 Riley Road, Stoneville, better known as "Sunninghill".

This is truly a magical property, boasting of a family home 4 bed, 2 baths, a one bed chalet, Indoor Arena 60m x 23m with viewing platform, Outdoor arena, paddocks galore, upper and lower stables.

Sunninghill Equestrian Centre is a professional, fully equipped equestrian centre, providing short or long term agistment for your horse or pony, plus venue hire of indoor and outdoor arenas, stables, and other top quality facilities.

Income Stream Number 1: Sunninghill facilities include an indoor arena, 60m x 23m (one of only a few in Perth region), viewing platform, mirrors, sliding door access, LED lights, PA system and a full set of European competition standard show jumps and trotting poles. This arena is hired out for different events throughout all 12 months of the year.

Income Stream Number 2: Sunninghill facilities include a fenced outdoor arena with floodlights, again a full set of European competition standard show jumps and trotting poles. This arena is also hired out for different events throughout all 12 months of the year, but more popular in spring and autumn.

Income Stream Number 3: With the above two arenas, there is often overnight stays with different events, with up to 25 horses. An overnight stay (up to 25 horses) is charged at $40 per horse and $20 per person.

Income Stream Number 4: Long stay and short stay agistment. Long stay is only $180 per week, one of the cheapest going in Perth. All paddocks are equipped with Hay Huts, Slow Feeder Nets and Fence Feeders.

Income Stream Number 5: A one bedroom, one bathroom chalet is located next to the upper stables. Perfect accommodation for a fulltime live in stable hand. Has been rented out in the past at $250 per week.

Lower Stables:
Approx 368sqm with 8 stables, tack room, feed room, private lockers, hot and cold wash down facility, front and rear access, lighting, adjoining covered round yard and under cover car parking.

Upper Stables:
Approx 453sqm with 16 stables, social break out area, front and rear access, lighting, bar/kitchen, entertainment area with BBQ, male and female toilets with showers

Main Home:
4 Bedrooms, 2 baths are just the start in this modern brick and tile home. Large separate lounge (32sqm) to the right as you walk in from the front door. Main bedroom, ensuite and robe (36.9sqm) are hiding behind the sliding doors.

Private dining area sits behind open plan kitchen and living area with slow combustion fire, with views over the valley. A study sits off this area which could potentially be enclosed as a 5th bedroom if required.

Down the corridor there are 3 more bedrooms, two with WIR's, bathroom, separate toilet and laundry.

233sqm under the main roof excluding the double carport of 36sqm.

Main Services:
Both power and mains water are supplied from the grid, but rarely used.

A 250,000 litre water tank with an inline filtration system including a UV Lamp. This tank is fed from a 26-meter submersible bore pump with an attached solar panel. This produces good quality water. The water is drinkable and supplies both the home and paddocks. Ability to switch off from the main if required.

10KV Solar panels located on the roof of the main home with a 15 Kilowatt battery backup.

Septics and leach drains on site.

Replacement Cost:
A valuation report was prepared for the bank back in May 2022, and the total replacement costs was $2,409,000. The indoor arena alone has a replacement cost in today's market of $828,000.

Summary:
We have the property and all its infrastructure listed at from $1.8M

Action:
Should you wish to book a private viewing please call Jim Middleton on 0423 768 592