Sprawling equestrian estate earning $20k a month hits market

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A rare chance to snap up an expansive estate with three separate homes and horse facilities has emerged on the outer fringe of a major capital city, and it comes with a lucrative income stream. Set across almost 4 ha, the sprawling property at 173-187 Carbrook Road, Cornubia, southeast of Brisbane is being sold by negotiation.The sprawling estate has three residences. Picture: realestate.com.auRay White agent Steve Goodson said the property offers prospective buyers generous multi-living spaces as well as valuable income streams.“The agistment, the commercial shed and storage areas generate about $20,000 a month in income - $240,000 a year,” he said.“It’s got 10 horse paddocks and it’s a nice quiet street.”Take a tour through the property There are three independent homes, including a main residence with six bedrooms, multiple living zones that could suit extended families and a kitchen with a butler’s pantry and servery.There are four bathrooms, a large laundry and separate living, dining and family rooms downstairs. Three of the bedrooms include walk-in robes and ensuites.The 6-bedroom main residence has a large entertainer's kitchen with butler's pantry and servery. Picture: rea...

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