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Property Ref: 20256

Chatto Creek Tavern in Central Otago

Property Type: Country Pub, Commercial Real Estate, Bars, Hotels

Sale Type: Freehold Going Concern, Urgent Deadline Sales

Region: Central Otago

Physical Address: 1544 Omakau-Chatto Creek Road

Price: Freehold Going Concern $595,000 + GST (if any)

Broker: Adrian Chisholm

Mobile: +64 21 727 888

Email: adrian@tourismproperties.com

Chatto Creek Tavern is on the Market.

For the first time in over 20 years the historic Chatto Creek Tavern is offered for sale; as a freehold going concern (FHGC) and complete with 2 donkeys!

In a prominent location just a few minutes out of Omakau, approx. 12 minutes drive from Alexandra and 80 minutes from Queenstown, the tavern sits alongside the popular Otago Central Rail Trail. It is a ‘compulsory stop’ for weary cyclists and with plenty of parking outside it is also popular with passing motorists and tourists.  It is one of the only buildings left of old Chatto Creek and is the heart of its modern day community.

The tavern was opened on December 24, 1886 as a stopping place for bullock and gold wagons. The distinctive ‘Central Otago architecture’ features stacked stone and 18-inch-thick mud bricks.

Oozing character, the Tavern was in 2013 named the best country hotel in the Hospitality New Zealand Awards for Excellence. It is the unofficial museum of the area, and the information centre. The bar has an extensive collection of historic artifacts and opens through to the spacious dining area and picturesque beer garden. On-site accommodation includes two double rooms and a bunk room (up to 10 guests) as well as campsites and motor-home parking.

Set on over 1.2 hectares of well-fenced land the Tavern is also ‘home’ to treasured artifacts, including the old Chatto Creek Post Office which was bought, relocated and restored by the community in 2004. The remains of the old Chatto Creek Gold Dredge lie out the back, between the tavern and the rail trail. Both the Post Office and the Dredge remain owned by the community. A bridge off the car park is listed with the British Transport Museum.

This is a once-in-a-blue-moon opportunity to acquire an iconic Central Otago ‘treasure’ with a business underpinned by the increasingly popular Otago Central Rail Trail and further growth potential.

Owner is motivated to sell. Contact me now!

Chatto Creek has a significant and interesting history dating back to pre-European settlement.

It is located on the Manuherikia River, south of Omakau and approximately 15 minutes north of Alexandra. It has an extensive farming industry, which is kept productive by irrigation. There is bed & breakfast and homestay accommodation in and around Chatto Creek.

The area was the focus of an expedition by the Otago Museum in the 1950s after remains of Moa bones and eggshells were uncovered. The Moa, now extinct, was a tall flightless bird native to New Zealand, which was valued and hunted by Maori.

Only some of Chatto Creek’s original buildings remain today. At its peak the population was 800; made up of miners, railway workers, rabbiters and their families. Most of the railway construction workers living at Chatto Creek were employed to build ‘horseshoe bends’, a necessary ‘S’ shape to get trains up nearby Tiger Hill without exceeding the required 1 in 50 gradient. This is the steepest ascent/descent on the Otago Central Rail Trail.

The Chatto Creek Tavern was built in 1886 of mud bricks and stacked stone and now contains historical photographs and memorabilia. New Zealand’s smallest post office, The Chatto Creek Post Office (1892) was originally a tent insulated with newspapers. Restored by the small local community, it was relocated from near the Chatto Creek Station site to alongside the hotel.

Chatto Creek (2017 Youtube)

Chatto Creek Dog Bark Competition

Chatto Creek Gold Dredge

Confidential Documents

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20256 | Chatto Creek Tavern - Financials [added 4 Sept 2020]

20256 | Chatto Creek Tavern - Monthly Cashflow Report July 2020 [added 1 Sept 2020]

20256 | Chatto Creek Tavern - Monthly Cashflow Report 2020 [added 1 Sept 2020]

20256 | Chatto Creek Tavern - Monthly Cashflow Report 2019 [added 1 Sept 2020]

20256 | Chatto Creek Tavern - LIM

20256 | Chatto Creek Tavern - Financials YE 2020

20256 | Chatto Creek Tavern - Business accounts YE 2019

20256 | Chatto Creek Tavern - Sales by Department

20256 | Chatto Creek Tavern - Title

20256 | Chatto Creek Tavern - Rating info

20256 | Chatto Creek Tavern - Wages Analysis (with notes)

20256 | Chatto Creek Tavern - Wages Trial Balance

20256 | Chatto Creek Tavern - Initial Seismic Assessment Report

20256 | Chatto Creek Tavern - Provisional Chattels List

Property Details

Property Type

Country Pub
Commercial Real Estate
Bars
Hotels

Sale Type

Freehold Going Concern
Urgent Deadline Sales

Region

Central Otago

Physical Address

1544 Omakau-Chatto Creek Road

Price

Freehold Going Concern $595,000 + GST (if any)

Contact Agents

Business Broker Adrian Chisholm

Adrian Chisholm

PRINCIPAL | Tourism, Hospitality & Leisure Business Broker
Head Office | Otago & Southland
International: +64 21 727 888
NZ Mobile: 021 727 888

Email: adrian@tourismproperties.com

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