COMMERCIAL OR RESIDENTIAL Special-events, indoor and al fresco restaurant and cellar door on high-traffic tourism trail available for immediate purchase and hand over. Business not included. With tourism patterns changed - perhaps forever - South Australians are developing strong interest in discovering the delights of their own State. And the imminent opening of borders with our neighbours domestically and globally are likely to bring huge growth in tourism over the years to come. The Adelaide Hills and Barossa Valley have a history of being the strongest SA tourism destinations, and here is a hotspot property strategically located to maximise returns from both regions and set up to fill several market opportunities: weddings and special-events, dining, cellar door and tour group catering. Occupying a one-acre, fully landscaped allotment, this commercial facility with a strong functions' history offers a rare opportunity for entrepreneurs to create a thriving hospitality business featuring the world class produce of the Hills, Barossa and Clare Valleys. The landscaped grounds - with parking for coaches and 65 guest vehicles - are well established and enjoy premium Adelaide Hills views. The complex is comprised of a separate Cellar Door and Tasting room, café, restaurant with bar, dining room and a large undercover alfresco dining room. Food is prepared in the commercial kitchen (current 5 star rating) and boasts a large pizza oven, walk in cool room, various fridges, and a huge storage room. Recent improvements include upgrades to the kitchen and toilets; installation of a café counter, display fridge and espresso machine; Solar PV installation; replaced roof flashings; wiring upgrade; monitored security; and a new phone system. As with all properties there is always ongoing maintenance required and in recent times the vendors have installed a new roof over the atrium alfresco area and renovated the the roof tiles. Behind the commercial infrastructure, the two-bedroom residential quarters offer owner occupation, staff quarters or development as on-site accommodation (stcc). Currently under renovation the two residential bedrooms, office, laundry, kitchenette and bathroom are currently guttered however the bones remain in place for the next owner to complete. There is an insulated climate-controlled storage shed on site (2 bay) suitable to house certain produce or vehicles. There is abundant water, with two 20,000g tanks for rain or bore water (potable) for garden and domestic use. This property offers a landmark opportunity to consolidate and extend a business that has already done the heavy lifting. With a good decorator's eye, a good feel for the changing tourism market and a passion for hosting memorable functions with Hills' style, 'Talunga Estate' could become a regional icon. Or if you are simply looking for a unique lifestyle Estate, Talunga has the bones ready to go and is simply awaiting your grand vision. Talunga Estates Key Features • 509m2 - 1.1 acres - 65 car off street parking • Fully licensed restaurant (seats 75) licensed for 105 | Licence for alcohol service in the restaurant 7am - 2am up to 7 days a week (licence transferable upon application) • Near new 20kw solar panels (60 panels) • New header pump for rainwater tanks • New hot water service • Slate fishpond with fountain • Freshly re-gravelled driveway • Large Display Barrel and water feature • Formal dining room includes large brick open fireplace, Jarrah timber top bar & shelving plus built-in commercial refrigerator & ceiling fans • Cellar Door and Tasting Rooms • Large Alfresco dining area • Landscaped lawns, rose garden and rambling glory vine on the façade. Allotment size 4500m2 • Well-equipped commercial kitchen with 2 commercial gas stoves, stainless steel work benches & shelving, built-in bench cupboards, double stainless-steel sink, commercial dishwasher, hand basin, built-in cool room, and pantry • Large office, storage room, commercial pizza oven • Secure shedding with climate control for wine or other (cold) storage • Equipped bore and 20,000gL rainwater tank (domestic use) Location • Northern Adelaide Hills • 45 Minutes from Adelaide CBD, close to the Barossa & Hills wine regions • Close to Northern Suburbs Inspections • All Inspections are strictly by appointment including advertised open inspections • Advertised price excludes 'Asset List' negotiated separately (see below) Finance • For finance options, please contact : Danae Reed | Loan Market Woodside 0429 398 329 [email protected]