Bookie Mark Read awaits $3.7 million buyers for Sunshine Coast acreage retreat
Melbourne bookmaker Mark Read and wife Shari are still awaiting $3.7 million buyers of Beauty Falls, their Sunshine Coast acreage retreat at Cooroy Mountain.
It was passed in at $3.6 million at its June auction through Ray White Rural agents Peter Douglas and Barry Quinn.
Read, who’s been involved in the sports betting industry for about four decades, once run his business out of the property.
The 10-year-old, double-story Queenslander homestead has 1,340 square metres of space across 16 rooms.
The 44-hectare cattle stud property, known as Beauty Falls, sits in the foothills of Cooroy Mountain in the Noosa hinterland.
Horse lovers will be attracted by its Olympic dressage arena, 18 seven-metre stables with four full-size horse boxes, separate tack room, wash bay and a 75-square-metre holding yard and water.
With 15 paddocks and a three-bedroom cottage, the farm improvements include a set of 125-head steel yards, loading ramp, veterinary handling crush, calf cradle and floodlights.
In the previous marketing campaign around $4,875,000 was sought. There were $7 million-plus hopes on its initial 2009 listing.
Peter Douglas told Property Observer it was passed into a Melbourne family for $3.6 million at its June auction.
