Imagine walking into a pub for a casual drink and walking out with a life-changing real estate deal. That’s exactly what happened to Toby Baxter, a builder who stumbled upon the opportunity of a lifetime during a chance encounter at the Hurunui Hotel in North Canterbury, New Zealand. But here’s where it gets even more intriguing: the deal included not just two cottages and five hectares of land, but a man-made cave with untapped potential. And this is the part most people miss—Baxter’s vision for the cave as a wedding venue and heli-hunting lodge could redefine rural luxury.
It all began in 2023 when Baxter, already scouting for land in Little River, stopped at the Hurunui Hotel on his way back. Over a conversation with the pub’s owner, Adam Martin, Baxter learned about the property for sale. The cave, partially transformed into a wine tasting room by the previous owner but never completed, immediately caught Baxter’s eye. ‘That cave is a gold mine,’ he thought, envisioning it as a unique venue for weddings and private events.
The handshake deal was sealed for NZ$690,000 ($584,000), and Baxter set to work. He finished the wine cave, added amenities for private functions, and turned the property into a turnkey operation. The two replica 1880 cottages, sold fully furnished down to the last detail, are ready for immediate use. But here’s the controversial part: Baxter, a self-proclaimed surfer with business interests in Australia, admits he’s not the one to ‘deal with bridezillas.’ Is this a missed opportunity, or a smart move to pass the torch to someone more passionate about marketing and event management?
Now, the property is back on the market, listed with Harcourts agent Michelle Singh. ‘It’s ready to go,’ she says, emphasizing its potential for expansion. But the question remains: Who will take on this unique venture? And more importantly, can a man-made cave truly become the next big thing in rural hospitality?
What do you think? Is Baxter’s vision genius, or is he walking away from a golden opportunity? Share your thoughts in the comments—we’d love to hear your take on this unconventional real estate story!
