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3284 State Highway 1, Riverlands, Marlborough

The Peppertree

dollar

Negotiation

Section
Lifestyle property
Bedroom
6
Bathroom
6
Floor area
380m2
Land area
4.29ha
Garage
2
Swimming pool
Swimming pool
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Property details

Listing # DCN1049B | Listed on 13 April 2022

Remarkable Accommodations in Wine Country

Resplendent in her turn of the century glory, The Peppertree is quite possibly the finest example of an Edwardian Villa that I have ever seen. Beautifully restored and sympathetically enhanced, this boutique accommodation business genuinely stands out from the crowd as a very special, very unique Marlborough offering.
Not only does The Peppertree represent the best of early New Zealand architecture, but this genteel property also showcases the very best of all this region has to offer.
Her solid commercial reputation has generated (pre-Covid), a healthy annual turnover and consistent forward bookings. Now is the time to get in and get prepared while the lessened tourism market allow. Savvy investors should embrace this opportunity to transition and settle in while the summer season is not yet at full capacity. Bookings are already in place for the 2021/2022 season and when international tourism gets the green light… the flood gates could open.
The grounds are beautiful, with colourful and productive gardens, a boutique vineyard, Olive grove, and outdoor relaxation and entertainment spaces.
With 5 beautifully appointed and completely bespoke guest suites, renting at higher-than-average room rates, our current owners have historically maintained a healthy surplus despite their personal preference of closing down over the winter months. The mind can only imagine how much more potential can be realised should the new owner wish to operate the business year-round. The majority of bookings are managed through inbound tour operators, keeping occupancy rates consistent and reliable, as well as reducing the need for high level marketing costs.
The Peppertree Luxury Accommodation offers the ultimate lifestyle business in one of the most beautiful corners of our world.

Price will be + GST (if any)

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Additional features

Other park
6 other parks
Formal Dining Room: Large Formal Dining Room
Family Room: Family Room and Separate Lounge
Office: Office/Study
Heating: Open Fire, Woodburner, Central Heating (Radiators)
Shed: 2-Bay Shed
Other Buildings: Workshop, Cottage, Gym, Shed, Caravan
Gardens: Mature gardens, vineyard, fruit and nut trees.

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