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348 Catlins Valley Road, Tawanui, Clutha

Enquiries Over $1.2M

2.84ha

Motivated Vendor

RiverRidge Retreat - 2.8427 Hectares freehold.

Located in The Catlins, RiverRidge Retreat is a venue catering for Weddings, conferences, celebrations, corporate events and holidays.

The property has a large purpose built function room that can seat 130 people, dance floor, full commercial kitchen, chiller and bar.

Accommodation to sleep 74 guests between the months of December to March and 64 guests between the months of April to November, in a mixture of eco styled self contained cabins, shared units, private rooms and glamping tents.

The current owners have established a business specialising in weddings, with forward bookings for both weddings and other functions. RiverRidge Retreat presents numerous opportunities to grow and diversify the business further, with the potential for horse treks, fishing and hunting activities in addition to weddings and functions offering a variety of income streams. There is also an option to retain the existing management team.

Additional details

Type

Lifestyle Property

Property ID

DUN39575

Listed on

02/05/2024

Updated

17 days ago

Data

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OneRoof estimateRating valuationProperty history

Rating valuation

Property data

Broadband available

Floor area

610m²

Land area

2.84ha

Type of title

Freehold

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Papatowai/Pounawea, Clutha

Papatowai/Pounawea is a suburb which lies within the Territorial Authority of Clutha, one of 20 residential suburbs which form the wider region. Papatowai/Pounawea is the 12nd largest suburb of Clutha in terms of the total number of residential housing stock. Papatowai/Pounawea provides a range of housing stock, with the earliest residential housing recorded in the area constructed between 1900 - 1909. The majority of the residential housing stock in the locality was constructed between 1980 - 1989. Residential housing stock in Papatowai/Pounawea is made up of approximately 88% residential housing and 12% lifestyle properties.

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