Distinguished racehorse proprietor and former jockey Tony Ottobre has purchased an virtually beachfront Rosebud property to develop as housing for workers at his Cape Schanck preparatory farm.
After beginning out using, Ottobre labored as a strapper for racing legend Colin Hayes.
However he has since turned his consideration to proudly owning race horses, with current success tales Satisfaction of Jenni and Jennilala each inserting in Group 1 races earlier this yr.
Ottobre was driving previous the public sale of 920 Level Nepean Rd, Rosebud, final month and realizing workers have been having to journey lengthy distances to work he determined to purchase it for them.
The quick resolution wound up costing $1.67m as he tussled with a second bidder for the property underneath the hammer, pushing it $120,000 past what one other purchaser had agreed to pay for it in March earlier than reneging and strolling away from the sale.
“To get folks all the way down to Cape Schanck it’s tough, due to the additional driving,” Ottobre stated.
“You need to roughly have an incentive for the employees to remain fairly than transfer on. So they’ll have subsidised lodging.”
Ottobre is already providing staff firm vehicles and paying for petrol, however stated whereas he would cost hire for the houses as soon as constructed it will be closely subsidised.
“And it’s a reasonably great place, and it received’t be a finances construct,” Ottobre stated.
“I believed if I needed to stay someplace close by, I’d need to stay there. And I need the folks round me to be completely happy and profitable.
“I’ve all the time needed to be the most effective at what I do, so I need the individuals who work with me to achieve success too.”
The three-bedroom home has entry to the foreshore by way of a non-public laneway, and Ottobre needs to construct three houses on the positioning for workers as soon as approvals are made by the native council.
He added that he was hopeful that in coming racing seasons, it will be “one percenters” like his workers with the ability to stay close to the place they labored, that may assist his horses turn out to be extra prevalent on the monitor.
“In a few years time we should always have some good race horses,” Ottobre stated.
Ottobre names a lot of his horses for his daughter Jenny, who tragically handed away from most cancers aged 26.
One in every of his first, Jennifer Lynn, notched a win on Melbourne Cup Day in 2016, and different mounts together with Princess Jenni have been ridden to victory by the likes of Damien Oliver.
Barry Plant Rosebud’s Terry Burgoyne bought the property to Ottobre and stated the racehorse proprietor’s plan to construct three townhouses on the web site might need impressed others.
“I’ve been listening to from different enterprise homeowners who are actually pondering of doing the identical factor,” Mr Burgoyne stated.
He added that Ottobre needed to greatest a Melbourne-based lawyer who had pulled in for the public sale, however famous neither purchaser had inspected the house earlier than it went underneath the hammer.
Regardless of appearing on the spur of the second the 2 events ran a feisty public sale race that soared $120,000 previous the value the identical hand-crafted in a March sale this yr, just for that $1.55m sale to fall by..
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