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2 Barkers Road, Methven, Canterbury, 1 Bedrooms, 1 Bathrooms, House

Deadline Sale (unless sold prior)

2 Barkers Road, Methven, Canterbury

1
1
HouseListed on Mon Nov 25

Methven 1 Bedroom Once in a Blue Moon

Savills as sole agent is pleased to offer 2 Barkers Road, Methven otherwise known as the Blue Pub for sale by way of Deadline Sale (unless sold prior) closing 28th January 2025 at 4pm.

Steeped in history, this iconic landmark property in Methven is available for purchase for the first time in 30 years.

- Investment highlights:

- Freehold Property

- 2,605sqm land parcel

- 1,080m2 building

- Iconic Landmark

- $137,000 Net income per annum

- Prime Location

- Ample Parking

- Rich Heritage

- 67% NBS

- Business A Zoning

The sale includes the tenanted land and buildings only, providing an exciting opportunity for a new landlord to take ownership of a piece of Mid Canterbury’s rich heritage.

Home to the renowned "Blue Pub," this property is a cornerstone of Methven’s community, offering a long-term lease with sound returns. Positioned in the heart of town, the property boasts a well-established pub, restaurant, and accommodation facilities, complemented by ample on-site parking. With a secure annual income of $137,000 plus operating expenses (OPEX), this is a prime investment opportunity in one of Canterbury’s most vibrant tourist destinations.

Please enquire with us today to avoid disappointment.

Location

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Council Data

Last update : 2025 01 22
Improvement value$22,620,000Increased by 19% from year 2021
Land value$1,280,000Reduced by -5% from year 2021
CV(Year 2024 Month 07)$23,900,000Increased by 17% from year 2021
Land area496604m²
Floor area900m²
TitleCB42D/617;CB38A/417
Type of titleFreehold
Legal descriptionLOT 1 DP 74175 LOT 1 DP 63832 BLK IV SPAXTON SD BLK I CORWAR SD -HIGHBANK POWER STATION
CouncilAshburton
Estate descriptionFSIM,1/1,LOT 1 DEPOSITED PLAN 63832,884m2
ConstructionExternal Walls: Unknown
Roof: Unknown
ConditionExternal Walls: Unknown
Roof: Unknown
ZoningBusiness A

School zones

Name
Distance
Type
Year
Attribute
Gender
Score
Decile
Methven School
0.50 km
Primary
1-6
Government
Co-Educational
EQI: 423
9
Mount Hutt College
0.61 km
Secondary
7-15
Government
Co-Educational
EQI: 436
9
Ashburton Christian School
32.56 km
Combined
1-10
Government
Co-Educational
EQI: 435
6
St Thomas of Canterbury College
74.00 km
Secondary
7-15
Government
Single Sex-Boys
EQI: 427
8
Villa Maria College
74.99 km
Secondary
7-15
Government
Single Sex-Girls
EQI: 407
9
Craighead Diocesan School
90.57 km
Secondary
7-15
Government
Single Sex-Girls
EQI: 405
9

Property history

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Surrounding facilities

Barkers Road Neighborhood and Surrounding Data

Mortgage

Sold nearby

Address
Distance
Bed
Bath
Floor area
Sold date
Sold
Data source
77 Forest Drive, Methven
0.34 km
4
1
-m2
Year 2024 Month 12 Day 11
-
Council approved
0.07 km
0m2
Year 2024 Month 11 Day 22
$320,000
Council approved
1 Allen Street, Methven
0.31 km
4
198m2
Year 2024 Month 11 Day 19
$638,000
Council approved
26 Allen Street, Methven
0.45 km
3
1
82m2
Year 2024 Month 09 Day 25
$590,000
Council approved
1/29 McMillan Street, Methven
0.24 km
2
1
70m2
Year 2024 Month 08 Day 29
-
Council approved

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Ref:046475S12Last update:2024-12-20 10:50:46