Tourism Property are proud to be appointed as exclusive agents for the sale of Ravensthorpe – an elegant wedding and event venue in the Illawarra region, south of Sydney.
Ravensthorpe is a stunning and completely restored Georgian Manor and has been home to a thriving business for the past 12 years after its five year restoration.
This is your chance to own one of the premier wedding venues in NSW, with the scale to readily support a management structure if needed.
Features
- Purpose built, air conditioned marquee to seat over 200 guests in style
- Additional function spaces, ideal for corporate events and intimate dining
- Deluxe accommodation suites and a charming bridal cottage
- High quality fittings and appointments throughout
- 3 acres of manicured gardens and grounds; a photographers dream
- Inground swimming pool and full sized tennis court
- An enviable reputation as a private wedding and event venue
This is a very consistent business, with annual income in excess of $1.5m. The deluxe onsite accommodation is a distinct advantage for a boutique wedding venue.
Property Details
The property has all the elegance and grace of a Southern Highlands style venue, with even greater access to the Illawarra and Sydney population base – there are approximately five million people living within 90 minutes drive of the property.
There are considerable forward bookings into 2020 and very limited competition at this end of the market, with a number of boutique venues opting to return to elite residential usage.
The incoming purchaser has the opportunity to live onsite and operate this stunning property themselves, or continue with the quality management currently in place.
There are numerous opportunities to grow and expand this already strong and reputable business.
A detailed information memorandum has been prepared and three years of accountants financials for the business will be provided to qualified purchasers.
The current owners have enjoyed 12 years of profitable business and are ready to pass the property to new owners to continue the tradition.
Please call to discuss and arrange your inspection now.
Due to the nature of the business and the considerable number of forward bookings for weddings, we appreciate your discretion.
Inspections are ONLY available when accompanied by the agent, please call to discuss your interest and purchasing credentials.
More Information
If you are a registered buyer with Tourism Property, you can use your password to download the detailed Information Memorandum
To register as a buyer, click here.
You will need to return the confidentiality agreement in order to receive further information on this property.
Data Room
A comprehensive suite of documents will be made available for qualified purchasers in the data room.
Listing Agent
Graeme Sutherland – MBA (Exec)
Business Property Broker
Mobile: 0402 030 371
