Strong interest in Canungra’s Patinack Farm

THERE has been plenty of interest in Canungra’s Patinack Farm, ahead of an auction on October 23.

Nathan Tinkler’s racing enterprise, has drawn interest from as far afield as New Zealand, Hong Kong, the USA and UAE.

The farm holding will be auctioned on-site as a whole or in four separate lots: Wadham Park (33.64ha); the fully-equipped Elysian Fields training facility (56.97ha); and Saravale (73.26ha) and Benobble (283.40ha) which make up the breeding and adjustment facility.


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The property auction will follow the sale of Mr Tinkler’s thoroughbred portfolio at the Magic Millions sales, 28 September – 1 October.

LJ Hooker Surfers Paradise’s commercial sales executive Cameron McPhie said the huge amount of interest is due largely to the extensive national and international advertising campaign and proved the racing offering is truly a rare opportunity, and underlined the quality of the facilities.

“It is very clear that potential international investors want to take this rare chance to spearhead a first-class southern hemisphere racing empire,’’ said Mr McPhie.

“The USA’s largest thoroughbred empire, Spendthrift Farms has travelled to Queensland to inspect the Patinack Farm.”

“The level of first class improvements is absolutely second to none plus the location is unsurpassed being so close to the Gold Coast and Brisbane.

“There has been no expense spared on the development of the property and all facilities are of the highest standard and state of the art construction.

“The property includes some exciting features and structures including a machinery shed, a helipad, silos, feed sheds, more stables, hospital barn and vet stations.”

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