Expressions Of Interest For Lindsay Park
Monday, 6 September 2010: For 40 years Lindsay Park has been Australia's premier breeding and training establishment. Its 73 training premierships have produced 9350 winners as at the end of last season, including victors of three Melbourne and Caulfield Cups, five Cox Plates, six Victorian Derbys, five Australian Cups and eight Blue Diamond Stakes.
Household names Dulcify, Better Loosen Up, Fields of Omagh and Golden Slipper/VRC Oaks heroine Miss Finland have all been prepared at Lindsay Park.
Hayes family patriarch Colin Hayes developed the property and over three generations the family built it into one of the most envied training grounds in the world.
Colin's son David Hayes is moving his base of operations to Euroa, in Victoria, to be more central to the Victorian, NSW and South Australian racing centres.
The Lindsay Park Stud business now run by David's nephew, Sam Hayes will remain at its current location on an adjoining property which will be retained by David as it is home to his mother, Mrs Betty Hayes.
Boasting a range of training facilities unequalled in the Southern Hemisphere, the estate covers a land area of 360 hectares (900 acres). Colliers International has been appointed agents to handle the sale of the property.
David Hayes Racing General Manager, David Saegenschnitter said that the sale of the property represented a unique opportunity for both existing and emerging racing industry players.
“This is a once in a lifetime opportunity for a buyer to take advantage of the history and success of this property, and continue it in their own way,” Mr Saegenschnitter said.
He added that the estate may also have broader market appeal.
The estate comprises vast horse accommodation capable of supporting 120 horses in training, veterinary laboratory and surgical facilities, the famous Collingrove turf track, shell grit conditioning tracks, and many other specialised improvements associated with the Lindsay Park operation and success since its establishment.
Located in the world renowned Barossa Valley wine producing region and neighbouring Australia's oldest family owned winery, Yalumba, the estate is approximately 70 kilometres north-east of the city of Adelaide and its international airport.
Colliers International Director Phil Schell said that Lindsay Park is one of the most prestigious country estates ever to be offered to the Australian market.
“It's an exceptional and important opportunity and interest in the property will be significant,” he said.
“The number of enquiries received so far is beyond anything we've witnessed for some time and the campaign has only just begun.”
Mr Schell said that the history attached to the property and prominence of the homestead, together with its location may prompt alternative users such as hospitality and resort operators to surface, particularly those seeking an iconic regional holding offering a point of difference and one that provides lifestyle and commercial benefits.
“Given its international reputation, the property may also be on the radar of some well known industry players from Asia, the Middle East and the UK,” Mr Schell said.
The historic homestead, circa 1800s, is set amongst expansive and beautifully maintained gardens that once hosted Her Majesty, Queen Elizabeth II. Of substantial proportions, it comprises three main levels and various formal areas with some 14 rooms in total. The front verandah overlooks the property and provides sweeping views across the valley.
Other improvements comprise office and administration buildings, two additional historic homes, substantial shedding, excellent staff facilities and ancillary buildings.
The land is of unprecedented quality and comprises a substantial area of undulating Barossa Valley countryside with vast areas of new post and rail timber fencing, tree lined laneways, healthy pastures, massive ancient red gum trees and features significant frontage to the tranquil Gawler River.
The property is located approximately 2.2 kilometres south east of the township of Angaston in an area characterised by grazing holdings and a tapestry of vineyards.