56 Sunderland Street, Clyde, Central Otago, Otago

Clyde Central is an established boutique accommodation complex, located on the edge of the historic Clyde Town Centre. With a total site area of 3,321sqm in 6 titles, with 7 units, a 3-bedroom residence, and associated buildings, this is a property with solid growth potential and options to expand.

Since taking ownership in 2019, the existing owner has completed a full re-brand of the business, re-positioning it as a boutique accommodation service offering for Clyde to take advantage of the growing FIT tourism sector (see www.clydecentral.co.nz). This has extended to include implementing new online systems to allow full off-site management and booking systems, the addition of full bike storage facilities, and refurbishment of the old stables to provide a character Schist building for breakfast and other hosted guest events. A comprehensive maintenance and refurbishment programme has also been initiated, with the first 2 units completed in 2022 to include new fit out, re-lining, insulation, painting, and heating. The property has also been connected to the new town sewage system, decommissioning the old septic tanks.

The property also includes a vacant 830sqm section and supports an existing consent for a 4 unit apartment development.

Accordingly, the property is well-positioned to take advantage of the ongoing economic and tourism growth expected for Clyde.

The property is being sold as a Freehold Going Concern (FHGC) - land, buildings and business.

For sale - Enquiries over $2,995,000 plus GST (if any)

For further information, please contact agents, Mark Simpson or Rory O'Donnell.

*location indicative only