Central Otago Wedding/Tourism Venue

Central Otago

$1,700,000

Proposed Usage
Other Businesses for Sale
Description:
Property ID
1c1q4r5

There is no doubt about it, the tourism industry in Central Otago is booming. Holidaymakers and tourists alike are flocking to this region looking for unique experiences to share with family and friends. The current owners saw a gap in the function/venue market, and went about upgrading and converting the woolshed to create a wedding venue - "The Homestead & Woolshed on Racecourse."

For sale is the converted woolshed and fully restored homestead (1905) on 4.8acres.

Woolshed Venue:

No expense has been spared on the original woolshed (Woolshed, including kitchen & toilets, sheds196sqm), and surrounds. It is now a truly magical wedding and function space, (new commercial kitchen/toilets/office/seating inside for 140 guests), and a popular choice for brides and grooms to spend their special day. The WOW factor is how the venue has been perfectly set to take in the awe-inspiring Central Otago landscape.

The owners have spent the last three years increasing the awareness of the wedding business with many enquires coming from NZ and abroad through online marketing pages (website, Facebook & Instagram). There are over 20 forward bookings and huge potential to grow this business.

Accommodation/Home:

The 4 bedroom plus sleepout homestead (Homestead 215sqm, Outbuildings & Garage 59sqm), has been lovingly maintained and includes all the mod cons to make this a memorable place to stay (Air B&B & wedding party accommodation) or a wonderful place to live.

The property is easily accessible and close to key tourist sites, vineyards, the rail trail and just over an hour drive to Queenstown. Don't delay, properties like this are few and far between and will no doubt make a sound property investment considering the increasing demand for land & property in this area.

For further information call Sami - 021 0297 8810.

Price:

Tangibles/Land & Property $1,650,000
Intangibles/Business $50,000
Total $1,700,000 including stock (+ GST on land if any) .

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