56 Sunderland Street, Clyde, Central Otago, Otago

56 Sunderland Street, Clyde, Central Otago, Otago Clyde Central Boutique Motel

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