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118 Shillabeer Road, OakbankUnder Contract
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118 Shillabeer Road

Oakbank, SA 5243, Australia
Under Contract
7 bed 4 bath 8 car4.53 ha

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About this property

Situated on a rise with outstanding views, Oakwood Park equestrian centre presents the best of both worlds. Located within the Oakbank dress circle, yet presenting the quiet country lifestyle, just a stone's throw to Oakbank's main street and easy access to Adelaide via the South Eastern freeway. Overview: Two-storey family home, Cottage (Tenanted), Indoor arena, Outdoor arena, Significant horse use approvals, 24KW solar + Tesla battery, Up to 10 stables, Water Licence Up to 13 paddocks, + day yards, Please contact the Agent for a copy of the detailed Technical Information Memorandum This boutique horse property, located on 11.2 acres, offers outstanding training facilities and enviable income potential via a multitude of revenue streams. The equestrian set-up currently provides several paddocks at the top of the hill, ideally located for easy access and line of site from the house. At the rear of the property is a sloping paddock which has been cleverly planted to maximise summer forage for horses with wildlife corridors and shady deciduous trees. Flats at the base of the hill have over the years provided excellent fertile ground for grazing and hay cutting. Two completely separate homes at each end of the property allow for flexibility of living, whether that be multigenerational families or part of your income via rental or the strong demand for Airbnb accommodation. The modern two-storey home surrounded by lush gardens, presents outstanding views and takes full advantage of the very special position overlooking an ornamental lake with feature jetty. The cottage also offers outstanding valley views and instant income via the current secure tenancy. Main Home: - 5 bedroom, 2.5 bathrooms, 2 large living rooms - Kitchen with island, European appliances, walk in pantry - Expansive 360degree views - High spec inclusions throughout, R/C, S/C heater etc - Extensive outdoor entertaining and gardens Cottage: - 2 bedrooms, 2 bathrooms, 2 living rooms - Large country kitchen - Similarly high spec inclusions - Generous covered outdoor entertaining area Equestrian Facilities: - Existing horse keeping approval for up to 21 horses. - Indoor riding school 40mx20m with lights, mirrors, viewing gallery, sound system, overhead sprinkler system. - Grassed outdoor arena, 22m x 60m - 10-stable barn including 2 foaling sized, hot water wash bay, infra-red heaters, galley kitchen, light & power, toilet facilities The land: - 11.2 acres of prime gum-studded land, with multiple paddocks set up for Irrigation - Full electric horse-safe fencing (mains power) - 2 x steel holding yards, - 7 paddock shelters across 13 paddocks with connecting laneways - Geohex paddock gateways - Circular drive for easy float and truck access - Improved organic pastures and established shelterbelts Water: - Three-phase Bore pumped to ornamental lake. - 5Mg/l water licence - Over 44,000 gallons rainwater catchment Shedding: - New 12mx8m barn-styled workshop with concrete floor, power, lights and car hoist - Substantial additional outbuildings adjoining the indoor arena - hayshed - large garden workshop - 2 separate double garages Extras: - 24KW solar power system with Tesla battery - Property surveillance camera system - Flood lights across the farm for ease of after-dark horse management in any weather - Next to Oakbank Racecourse, Onkaparinga Pony Club, Riding for Disabled and associated equestrian facilities - A premium location, bitumen road frontage, close to school, bus, shops. Income opportunities: - Agistment - Full horse care training and combined agistment - horsemanship / groundwork / riding lessons, - arena hire (riding/shows/clinics/dog training, and breeding) - equine therapy - associated product line sales - Long Term rental or AirBnB / Bed and Breakfast - Studio Hire A complete package with significant and rare property use approvals, plus the proven scope for a lucrative home-based income and an amazing country lifestyle. Situated just 12 minutes' drive to Mount Barker, 35 minutes to the Adelaide CBD and 45 minutes to Adelaide International Airport.

Property Details

Property Type
house
Listing Type
For Sale
Bedrooms
7
Bathrooms
4
Parking
8
Land Area
4.53 ha
Listed
3 months ago

Repayment calculator

$4,969/month
$2,485 /fortnight
Loan $820,000 at 6.10% over 30 years

Price estimated from comparable nearby — edit below to use your own number

Upfront costs

Deposit$205,000
Stamp duty$50,205
Conveyancing (est.)$2,000
Total upfront$257,205
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Neighbourhood

Living in Oakbank

This 7-bedroom house in Oakbank, SA 5243 sits within reach of public transport, and nearby schools.

Schools near Oakbank

  • Oakbank Schoolcombined · R-12 · CoEd

What's nearby

  • Stop 61 Onkaparinga Valley Road - North side (bus)901 m away
  • Unnamed2.9 km away

Oakbank at a glance

Full suburb profile
Population
865
Median age
48
Household income
$2,024/wk
Median rent
$340/wk
Median mortgage
$1,824/mo

Source: ABS Census.

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