340 Fourteen Mile RoadGarfield VIC 3814
Property Details for 340 Fourteen Mile Rd, Garfield
Last Listing description (May 2023)
A 50-acre world class horse facility thats only 8 minutes from the esteemed Pakenham Racing Complex in Tynong offers racing enthusiasts a ready-made horse racing property for training, breeding and agistment. This unique Garfield horsing enterprise builds on Melbournes reputation as the racing capital of the world, with a dedicated horsing base for the breeding, training, racing, equestrian showing and agistment of thoroughbred horses amid the lush green countryside of Gippsland.
A lucrative equestrian business has been built up at this fully-fledged horse racing establishment a 50-acre prime parcel with its own home and potential for two titles where Dean Grass Racing and Gippsland Bloodstock have established reputations for training, thoroughbred breeding, and agistment at this lush equine sanctuary.
Champion horses at Magic Millions and Inglis have both achieved success from these first class horse facilities, paving the way forward for future horse champions.
The impressive infrastructure for horses also extends to 4 flood lit mare and foaling paddocks with a renewed equine pasture, new LED lighting throughout the stables, 2 hay/machinery sheds, an undercover feed room, undercover truck parking, bore water and undercover tie up stalls with lockable tack room and an oversized wash bay with hot water. Safety is assured with over 26 spelling paddocks all double fenced in post and rail, horse mesh, and electrobraid. The soil here is peat, with pastures maintained and sprayed yearly, grazed with cattle and some paddocks recently over-sewn with an equine blend.
Rich in character, the propertys double brick 4-bedroom home charms with high ceilings, an original fireplace, and a renovated bathroom with double shower yours to modernise.
New timber entrance gates with remote control as well as a double carport and portable office with power add yet more appeal at this exclusive equestrian mainstay for horse breeders, horse trainers, farmers, investors or land bankers.
The quiet historic town of Garfield offers its own village of shops and eateries along its main road, as well as a primary school, golf course, football and netball league, an art decor picture theatre turned live entertainment venue, and a stunning lookout at Mount Cannibal where you can enjoy sweeping views of Gippsland's rolling hills.
Property History for 340 Fourteen Mile Rd, Garfield, VIC 3814
- 01 Nov 2022Listed for Sale Contact Agent
- 14 Oct 2022Sold for $2,030,000
- 24 Jun 2004Sold for $425,000
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About Garfield 3814
The size of Garfield is approximately 26.4 square kilometres. The population of Garfield in 2016 was 1786 people. By 2021 the population was 2114 showing a population growth of 18.4% in the area during that time. The predominant age group in Garfield is 10-19 years. Households in Garfield are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Garfield work in a trades occupation.In 2021, 84.20% of the homes in Garfield were owner-occupied compared with 84.20% in 2016.
Garfield has 1,112 properties. Over the last 5 years, Houses in Garfield have seen a 15.41% increase in median value, while Units have seen a 21.29% increase. As at 31 July 2026:
- The median value for Houses in Garfield is $806,368 while the median value for Units is $581,339.
- Houses have a median rent of $633 while Units have a median rent of $395.
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