First time offered to the market in 50 years, this property is one of the most strategic land holdings available in Jacobs Well, a growing community in the Gold Coast’s north. Comprising 12.66ha of flat, flood-free and usable land, the property is considered the gateway to the Jacobs Well village with almost 400 metres of frontage to busy Stapylton Jacobs Well Road. An easement to the south of the property can provide a secondary access point to the property. The property has two residences – a large six-bedroom, five-bathroom home with a double lock-up garage and three-vehicle carport; and a three-bedroom fully renovated Queenslander that offers short-stay rental potential. For more than 60 years, the property has operated as a horse-training facility and features an 800-metre flood-free training track; a 20-horse stable complex with feed and tack rooms; a main machinery shed; a separate garage and machinery shed for the Queenslander; a single vehicle shed used for a horse float; and four fully fenced spelling yards. This property is currently zoned rural but provides significant upside potential to the right buyer, offering multiple uses that are impact assessable, namely a tourism facility with accommodation, or sport and recreation activity; private school; residential care facility; function facility; other community activity; indoor recreation; service station with car and boat wash, plus combined uses. With the southern border of the property adjoining the urban footprint, the property also has potential for future urban or commercial uses, subject to approvals, including a major shopping centre for the growing Jacobs Well community which includes the Calypso Bay luxury waterfront development. The property is primed to take advantage of a designated future marine precinct at Steiglitz to the north, which currently is home to Horizon Shores Marina. The Queensland Government also recently announced nearby Norwell as the new home of harness racing for the state, with plans to convert 200 acres of cane land into a centre of excellence for the industry by 2026. The property is within walking distance to the Jacobs Well village and waterfront which hosts Queensland’s busiest boat ramp and is the gateway to the southern Moreton Bay islands. The Jacobs Well district has been among the Gold Coast’s top performers for property price growth in recent years, buoyed by the city’s ongoing land shortage. The cane land district in the city’s north has been identified by the council as an area of investigation for future development potential. This is supported by the planned construction of the second stage of the Coomera Connector to provide easier north-south access to the region which offers huge growth potential for industrial expansion and tourism growth. The property is being offered for sale by private treaty. Inspection by appointment only. ( More Photos and Video coming soon)