Historic Figtree Estate with Tennis and Futsal Courts Hits the Market
A distinctive property in Figtree, offering the next owners a chance to own a piece of local history while generating a healthy income, has been listed for sale. The five-acre estate, previously home to Aces Figtree and currently occupied by the owners, combines residential living with recreational facilities that present significant earning potential.
Property Features and Income Opportunities
The site boasts a four-bedroom residence with multiple living areas, a well-appointed kitchen, and character finishes, alongside a self-contained secondary dwelling. Outdoors, entertaining spaces including a deck and in-ground pool are set among established gardens. Notably, the property includes four tennis courts and two futsal courts, which the current owners rent out, suggesting a lucrative income stream for future buyers.
Co-owner Errol Carney, who purchased the property in 1989 for $420,000 with his wife Robyn and relatives, emphasized the lifestyle benefits. "We bought it as a lifestyle property, not as a chance to make a million dollars," Mrs. Carney said. "We saw it as a fantastic place to raise our children... We've raised our four children and eight grandchildren here." The family undertook renovations after acquiring the home, which needed some tender loving care at the time.
Historical Background and Current Market Interest
The original home is believed to date back to the 1920s, when the site operated as a dairy farm. Over the years, it housed the Adventure Village fun park until the 1970s and later became the Townsends Tennis Centre. Mr. Carney highlighted the income potential from the courts, noting that a single tennis court can be rented for $20 per hour, while a futsal court charges $10 per person. "We inherited some good quality courts, and a substantial income could be earned by the right buyer," he stated, adding that rentals to clubs and coaching sessions are viable options.
Selling agent Darren Kay from Belle Property Illawarra reported strong interest from Illawarra-based tennis, pickleball, and football clubs, as well as individuals seeking a lifestyle property close to town. He also mentioned inquiries from "people looking to build a place of worship." The property, located at 5-7 O'Briens Road, Figtree, is for sale via Expressions of Interest, closing on May 20, with no current price guide available.
Mr. Kay pointed out that there are "definitely some adding value opportunities there, subject to council approval," making this estate an attractive prospect for investors or families looking to combine home ownership with business potential.
