Bookie Mark Read tries again to sell Cooroy Mountain horse retreat on the Sunshine Coast
Melbourne bookmaker Mark Read and wife Shari are having another go at selling their Sunshine Coast acreage retreat at Cooroy Mountain.
It’s been listed for June 22 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 last marketing campaign around $4,875,000 was sought. There were $7 million-plus hopes on its initial 2009 listing.
The latest marketing includes commentary from Read that the property had “been on the market far too long”.
“I cannot expect even replacement cost in the current market, but in my game you do not win on every race.
“The auction will judge its value,” he said.