Nathan Tinkler's Garage Sale

Written by Kiel Egging
Thursday, 10 January 2013 11:18

(3 votes)

Mining magnate Nathan Tinkler’s empire is gradually unravelling, and along with winding up some of his 100-odd companies within the Tinkler Group, he’s also offloading some of his more pleasurable assets in an effort to keep himself afloat.

So, if you’ve got a lazy couple of hundred thousand dollars or more sitting around, here are a few things which you might be able to snap up snap up from the former BRW Young Rich List stalwart.

ANZ STADIUM SUITE

Asking Price: $165,000/year.

Starting down the lower end – you can get what the Sunday Telegraph described as “arguably the best piece of real estate in Australian sport”. The 20-seat corporate box is right near the halfway line at ANZ Stadium – meaning you’re in prime position to watch games such as the Manchester United vs A-League All-Stars Game, the Socceroos World Cup Qualifier, the Bledisloe Cup test, two State Of Origin matches and a truckload of AFL and NRL games throughout 2013.

PANTIACK FARM

Asking Price: $500,000/week (operational costs).

Despite saying last week operations at his lavish Gold Coast horse stables were “business as usual”, media reports are suggesting quite the opposite. Stewards recently found a broken water walker and a dirty exercise pool at his Canungra facilities, and banned all of Tinkler’s horses from competing. Many local construction workers, contractors and suppliers to the farm are chasing overdue payments from Tinkler and his companies – and hence, will refuse to help him clean up the place. Oh, and there’s a few horses still hanging around too, but most of the prized ones got sold last month – including champion galloper ‘All Too Hard’ and a stud farm – which Gerry Harvey and some pals bought off him for $28 million.

PRIVATE JET - Dassault Falcon 900C

Asking Price: $16.23 million

Earlier this week, it was revealed Tinkler was scrambling to re-finance the jet and his $5.3 million helicopter to stop receivers of his aviation company selling them off. He lost both of them last month after he failed to cough up the $230,000 monthly payments to keep both of them in good nick (and in his possession). A few tiny jobs were carried out on the jet though – a report filed with ASIC showed $1201 was spent on a towbar, and $554 on a wheel check.

MEREWETHER HOLIDAY HOME

Asking Price: $8.8 million

Back in June, The Power Index reported that after selling one of his Merewether properties to the boss of his embattled Hunter Sports Group, Tinkler was still in charge of a dormant $8.8 million compound overlooking Bar and Dixon Park beaches. Even though he and his family were preparing to move to Singapore, locals believed the property had been empty for a while since Tinkler’s $500,000 Ferarri was stolen from the home’s garage a year earlier.

HUNTER SPORTS GROUP

Asking Price: $2.7 million (to cover the tax bill)

If you want to earn yourself a place in the hearts of Newcastle Knights (NRL) and Newcastle Jets (A-League) fans forever – and pretty much guarantee a lifetime membership at both clubs, you can step in and help wipe the tax fee which needs to be paid for their parent body, Hunter Sports Group. Despite a spokesperson saying back in December that the bill would be paid “in the next week or so”, there’s still no confirmation of a transaction taking place. The Federal Court will launch wind up proceedings against Hunter Sports Group on February 20 if the bill isn’t paid.

*Please note the items detailed in this article, at time of publication, may or may not be for sale. For confirmation of items and prices please contact Nathan Tinkler directly.