The 9.93ha cafe, function centre and shop complex at Balclutha's southern, State Highway 1 entrance has been catering to visitors from around the globe since 1975, when it was founded by local couple Bill and Peggy Jones.
After Mr Jones died in 1997, his son Mervyn took on the business with wife Alison, before putting it up for sale in April 2014.
The business was sold at auction by real estate agency Harcourts Dunedin, on April 10.
Harcourts agent Jason Whitehead said the auction had attracted "several" prospective buyers, but no further details could be released until a statutory post-sale period ended later this month.
Mr and Mrs Jones were unable to comment at the time of publication.