81861 State Highway 2, Pahiatua, Tararua, Manawatu

The team at Property Brokers is excited to bring to the market a unique opportunity that is an icon of the Pahiatua District.

81861 State Highway 2, Pahiatua was once the former address of Pahiatua's only Hospital.

Originally built in 1902, the hospital expanded in 1940 with additional wards being added on with the last addition of Ward 1 in 1960 giving a combined footprint of 2330m2 (approx).

In June of 1998, the hospital closed and went into private ownership where it became known as Masters Hall.

Now days, this one-of-a-kind property is used for accommodation with 44 bedrooms, conferences, weddings and even a Christmas wonderland providing a very comfortable living for the vendors.

Scale is the major draw card here when it comes to land area with three titles making up this impressive property. All zoned residential, there is a small title off State Highway 2 at 2222m2 (approx), the main site of 1.86ha (approx) with access off both State Highway 2 and Regent Street and a bare land block at 6263m2 (approx) with access off Tyndall Street.

The inner workings of the Hospital have been well maintained, the rooms and living areas are nicely presented with a capability to comfortably accommodate up to 100 people and has a NBS rating of 70%*.

Heating is by way of a gas fired radiator system that keeps the entire building warm in the colder months but can be isolated to ensure vacant rooms are not heated unnecessarily. There is also an extensive list of chattels that accompany the building.

The beauty of this property is to be your own boss and work from home. There is a very comfortable family home with multiple bathrooms and bedrooms, a separate, self contained one bedroom flat, garaging and land for grazing.

The many options this property provides will enable you to live your dream lifestyle. Continue to run the business or expand it to create your dream. It is ideal for retreats, holistic living, multi-generational family's and developers. Catch the vision and use your imagination.

Residential land of this size and proximity to the bustling town of Pahiatua is unheard of. There is nothing like this on the market and the potential to develop further must be a strong consideration.

You need to take the time to consider what is on offer here and explore the opportunity!

*NBS rating excludes water tower

*Purchase price is plus GST if any