On the Otago Central Rail Trail ...

3352 Ida Valley - Omakau Road, Oturehua

$675,000

2958m2
  • Property IDALE36387
  • Property TypeHospitality
  • Price$675,000 Plus GST (if any)
  • Land Area2958 m²

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Welcome to the magnificent Oturehua Railway Hotel, a true gem nestled in a picturesque location with a delightful climate. Your opportunity awaits to unlock the further potential of the Oturehua Railway Hotel and to bring to it your entrepreneurial touch. The property's prime location, coupled with the delightful climate and growing tourism industry creates the ideal setting. This extraordinary property offers a safe haven within a warm and friendly community providing versatile options for home and/or business and the large section also creates endless options.

This freehold business has become available in the historic township of Oturehua, a country style pub built in the 1800's, located in the heart of the village in the picturesque Ida Valley, Central Otago, home of the famous 'Bonspiel' outdoor curling event. The hotel is situated within meters of the extremely popular Otago Central Rail Trail and located on the highly recognised National Tourism Map-Central Otago touring route.

The Hotel currently serves the many tourists that travel throughout the area and is a hub for the locals, company workers and contractors as well as providing accommodation.

The Hotel itself consists of a large bar, dining area and a cozy lounge with wood burner. The well-equipped commercial kitchen includes a large walk-in chiller and freezer, and the kitchen prep area boasts a beautifully restored double oven coal range. Within the hotel is the comfortable 3-bedroom owners residence.

The attractive exterior of the hotel is enhanced by a beautifully landscaped beer garden, children's play area and full sized Petanque Piste.

The Separate one-bedroom self-contained accommodation provides a great resting spot for those riding the rail trail or visiting the area.

The Large 2958m2 section provides great potential to expand the accommodation side of the business.

Oturehua is rich in history attracting many visitors to the area, located in the heart of Central Otago and within a couple of hours of two international airports.

Let this be your opportunity to jump into a great lifestyle in a welcoming community in one of the most beautiful & interesting parts of scenic Central Otago.


METHOD OF SALE
$675,000 Plus GST (if any) Plus SAV

Contact Team ST for further information.
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Please note: Land and floor area measurements are approximate, and boundary lines indicative only. Reasonable efforts have been made to source information from reputable sources. We do not, however, warrant its accuracy or fitness for any purpose. Purchasers should independently verify information through a due diligence investigation if it is relevant to their decision to purchase.

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Shane Turfus

Shane Turfus

Sales Consultant

Sally Taylor

Sally Taylor

Sales Consultant