2/40 Motunau Beach Road, Greta Valley, Hurunui

Nestled in the serene Greta Valley of North Canterbury, this freehold property, located at 2/40 Motunau Beach Road, presents a unique blend of business and lifestyle opportunities. The historic Tipapa Woolshed Wedding and Events Centre, along with its adjacent 15.4 hectares of land, boasts a capital value of $1,130,000 as of July 2022, showcasing a significant increase of 43.04% from its September 2019 valuation of $790,000. The property, which includes additional buildings like the Gallery Cottage and various sheds, is complemented by a range of mature trees and plantings. The latest sale was recorded on March 4, 2024, at $840,000, with HouGarden AVM estimating the property's value at $1,072,500.

With an unknown roof and wall construction, this level property offers potential for various farming and land-based activities, in addition to the established function and events facilities. It falls within the catchment of the highly rated Rangiora New Life School, a composite school with a decile rating of 9, and the Christchurch Adventist School, a composite school with a decile rating of 5.

Whether for residential development on two prime sites or for continued use as a thriving events venue, this property holds endless possibilities in a picturesque rural setting.

Updated on April 11, 2024