Sold $2,900,000


Sold $2,900,000
SIZE 184,900 sqm
Bedrooms 5
Bathrooms 3

1103 Oura Road, WAGGA WAGGA NSW 2650

Property Features
  • 5 bed
  • 3 bath
  • 3 Parking Spaces
  • Land is 184,900 m²
  • 3 Garage
  • Secure Parking
  • Workshop
  • Outdoor Entertaining
  • Shed
  • Fully Fenced

LAWD is delighted to offer for sale Belisi, situated a short 10* minute drive east of the city of Wagga Wagga. The Property presents to the market a unique opportunity to secure a rural lifestyle property generating an attractive income from the luxury farmstay accommodation and the fully operational first-class Wellbeing and Equestrian Centre.
The convenient location and existing infrastructure would lend itself to corporate functions, wedding venue, winery with cellar door or paddock to plate restaurant.


Included in the asking price are the two income streams generated from both the;
– Luxury two-bedroom Farmstay cottage (fully furnished & guaranteed income from bookings well into 2022).
– The Wellbeing & Equestrian Centre is being offered as a going concern including three fulltime staff, 9 specially trained school horses and all associated equipment. Details of clientele and bookings are available upon request.

The Belisi homestead underwent an impressive extension and renovation in 2011. The homestead comprises of five generous sized bedrooms, main with ensuite and walk-through robe. The fifth bedroom has a separate entrance, ensuite and kitchenette which is ideal for guests. This room has also been listed on Airbnb providing an additional stream of income.
The modern open plan living is a feature of the homestead. An architecturally designed layout provides a spacious kitchen and dining area with an additional sitting area and study nook. Entertaining is a breeze with two ovens, electric induction cooktop, stone benchtops and a butler’s pantry with a second dishwasher. A further highlight is a large walk-in cool room and wine cellar.
The formal lounge room is spacious with floor to ceiling windows, slow combustion fire and library style bookcase. A large room off the kitchen provides the ideal kids playroom, teenage getaway or office for professionals working from home.
The all-weather outdoor entertaining area has a large undercover space featuring an open fireplace and inground swimming pool. The garden is beautifully landscaped and watered by an automated irrigation system supplied from town water.
Adjacent to the homestead is a lock up three car garage with workshop, concrete floors and power connected. The garage houses the pool filtration system and provides plenty of storage space along with an additional two bay machinery or hay shed.

The award-winning Belisi luxury farmstay accommodation is built from recycled shipping containers and comprises of two bedrooms which sleep up to six guests. The cottage is positioned in the north-eastern corner of the property with complete privacy from the main homestead. The accommodation provides stunning views down the valley of the Murrumbidgee River and back towards the city of Wagga Wagga. Occupancy rates run at around 95% and there is council approval to build an additional three cottages.

The current owners have incurred all the development costs and established Belisi Wellbeing and Equestrian centre into what it is today. The centre is operated by the three fulltime staff and allows the current owners flexibility to be occasionally involved, when needed.
The centre was established in 2012, the centre is a riding school and community wellness hub striving to enhance the physical and emotional wellbeing of Australians and promote a healthier, more community-centred, environmentally friendly lifestyle. The large established client base includes NDIS recipients and the general public. Clients engage in a range of wellbeing programs such as equine assisted therapy, yoga, meditation and art classes as well as riding lessons catering to all abilities. Please refer to the Information Memorandum for full details.

Operational improvements:
– Main complex facility with undercover seating area
– Two sand arenas, both with lighting
– Reception area
– Office with kitchenette
– Spectator viewing box with kitchen
– Staffroom with kitchenette
– Tack room
– Feed room
– Wash bay and tie up areas
– Accessibility toilet
– Accessibility access ramp
– Round yard
– Quarantine area

A scenic undulating topography, predominantly arable, pasture improved and suited to grow grazing crops and improved pastures. Current established pastures include clover and rye grass in rotation with grazing cereal crops such as oats.
The property is fenced into 22* main paddocks with smaller holding paddocks. Paddocks are predominantly arable and fenced with a network of laneways using plain wire electrified fencing. Horse shelters and stock troughs supply horses with shelter and sufficient water.
Perfectly suited for horse agistment or thoroughbred spelling which would create another stream of income.

Gravel driveways provide all weather access to the homestead, farmstay and riding centre. Visitor access is diverted away from the homestead to ensure privacy for the owners. The road has been developed to suit heavy vehicles.

A Riverina Water connection supplies the homestead, garden, stock water troughs, farmstay and wellbeing & equestrian centre with town water. A large dam adjacent to the homestead supplies back up water for the garden if needed. A 110,000* litre Pioneer storage tank supplies water for the sand arena via an automated electric pressure system. The property comes with a bore licence should it be required.

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Tim Corcoran
+61 407 893 935

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