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Property Ref: 3736

Charming Tavern for sale on the Otago Central Rail Trail

Property Type: Country Pub, Bed & Breakfast, Bars

Sale Type: Freehold Going Concern

Region: Central Otago

Physical Address: 7148 Wedderburn-Becks Road, RD1, Ranfurly, Central Otago - On the Otago Central Rail Trail!

Price: CENTRAL OTAGO HOME & INCOME OPPORTUNITY $800,000 +GST (if any)

Broker: Adrian Chisholm

Mobile: +64 21 727 888

Email: adrian@tourismproperties.com

Charming & Authentic Lifestyle Opportunity on the Otago Central Rail Trail

Are you ready to own a special piece of Central Otago history? Here is your opportunity to own the historical Wedderburn Tavern, a charming, romantic country pub that is situated on the Otago Central Rail Trail, which is very popular with Kiwis and their families. The Tavern sits on approximately 10 acres of land (4.0469 hectares), and features charming woodwork throughout, as well as gorgeous outdoor garden areas which spring to life in the warm summer months – when on the cycle trail, it is a favourite spot to stop. The community are warm and welcoming and just waiting for new owners to take their place, here in the heart of the Maniototo.

FEATURES

  • Superb and strategic location on the world famous Otago Central Rail Trail
  • Well-established bar, restaurant and accommodation business
  • Authentic ‘olde world’ charm throughout
  • Large land holding on offer
  • Stunning rural and mountain views
  • Several accommodation options for guests
  • Large four-bedroom owners residence
  • Plus potential for development!

Wedderburn is set at the base of the Hawkdun and Mt Ida Ranges, in Central Otago, situated on SH85, just 10 minutes from Ranfurly, and 50 minutes from Alexandra. The township is the convenient and popular halfway stop on the highest point of the Otago Central Rail Trail.

TAVERN

Built in 1885, the historic Wedderburn Tavern was once the preferred stop-over for coaches and wagons and is now the favourite destination for Rail Trail cyclists. Located close to the summit, and at the halfway point of the Rail Trail, Wedderburn is the perfect stop to explore and experience the uniqueness of Central Otago.

The Tavern now enjoys strong patronage, primarily from locals and guests of the Wedderburn Cottages, located directly opposite. The restaurant can cater for up to 50 diners, and is a very popular venue for special functions, ranging from birthdays to anniversaries, and even duck-shooting groups and hunting clubs! Not to mention visiting car clubs too.

ACCOMMODATION COMPLEX

The guest accommodation is made up of:

  • The 140-year old mud-brick musterers’ quarters, which features one queen double-bed, and one single-bed
  • The original mud-brick Wedderburn Tavern dairy, which features one king double-bed, or two singles-beds
  • The Wedderburn Tavern, features three bedrooms

Currently the visitor accommodation offers shared bathroom facilities for guests, as well as a lovely lounge/family room, featuring a great fire place, along with TV and assorted games.

OWNER RESIDENCE

The owners residence is a lovely four bedroom home, which had significant renovations completed in 2011. It is also a mudbrick home, and features two living areas as well as two bathrooms.

OTAGO CENTRAL RAIL TRAIL

The Otago Central Rail Trail is NZ’s Original Great Ride, and extends 150 kilometres along the former railway route between Middlemarch and Clyde. Its wide gravel path has a gentle 1 to 50 gradient, making it ideal for walkers, cyclists and horse riders. This is a journey into the region’s heartland of ever-changing mountainous, dry, rocky landscapes, productive farmland, spectacular river gorges, tunnels, viaducts, thriving townships, old stone and mud-brick dwellings and preserved gold mining settlements – shaped and seasoned by the harsh, continental climatic extremes unique to Central Otago. The Rail Trail connects four Central Otago plains and valleys: the Strath Taieri with the township of Middlemarch, the Maniototo with Ranfurly at the centre, Ida Valley with Oturehua and the Manuherikia area with Alexandra and Clyde.

POTENTIAL

There are many beautiful features here at the Tavern, and with that, great opportunities for a new and motivated owner to develop this business further by leveraging against the highly-popular Rail-Trail traffic. You could look to enhance the restaurant, or even construct additional accommodation facilities, subject to local council consents.

This is a wonderful opportunity to secure a really well-priced, iconic Central Otago business that operates within an affluent captive market. The current owners have been here happily for 8+ years, but now wish to move on to another chapter in their lives.

Purchasers who are looking for a lifestyle change and a great freehold going concern opportunity, offering a home & income in Central Otago, must inspect this quickly!

For full information and to arrange your viewing please contact specialist Accommodation Business Broker, Adrian Chisholm, AREINZ, on 021 727 888 or email Adrian@tourismproperties.com.


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3736: Lifestyle Property Wedderburn Tavern | P&L: 1 April 2021 to 26 May 2021

3736: Lifestyle Property Wedderburn Tavern | Trend Statement - Four Years, 2018-2021

3736: Lifestyle Property Wedderburn Tavern | Trend Statement 2019

3736: Lifestyle Property Wedderburn Tavern | Trend Statement 5yrs 2014 - 2018

3736: Lifestyle Property Wedderburn Tavern | Cash Flow Multiple Periods

3736: Lifestyle Property Wedderburn Tavern | Comprehensive title & transaction report

3736: Lifestyle Property Wedderburn Tavern | Title

3736: Lifestyle Property Wedderburn Tavern | Property Details, Central Otago District Council

3736: Lifestyle Property Wedderburn Tavern | IEP (Earthquake Report)

3736: Lifestyle Property Wedderburn Tavern | QV Report

3736: Lifestyle Property Wedderburn Tavern | Property Sales Report

WEBSITE

TOTAL REVIEWS

AVERAGE RATING

Trip Advisor

108

4.0 / 5

Google

63

4.5 / 5

Fabulous food!! ★★★★

What a wee treasure!! Never been here before and the hosts, service, cuisine, and whiskey – were all ah-maz-ing!! (Yes, you can have some lovely central otago pinot if you prefer). But this wee gem is like stepping back in time, very very cool indeed. Thanks for having us, and we will be back in spring/summer to do it all again, but it’ll be beersies in the lovely garden for us then! Don’t drive past here, pop in and enjoy this place, it’s awesome. Cheers and we’ll see you next time.

Lovely host. ★★★★

Wonderful food and so much of it. In the middle of nowhere and yet the service and food were great. Beautiful location and iconic tavern.

Classic country pub ★★★

We enjoyed our meal and atmosphere at historic Wedderburn Tavern with a friendly mix of locals and Otago Rail Trail locals. Nice staff, nice food, best with a Central Otago red! Just a short work from Wedderburn Cottages where we were staying while biking the Rail Trail.

Top notch Nosh! ★★★★

Three couples enjoyed five star Main’s, desserts, Central Otago Wines & service. A great menu with dishes to suit everyone. All delicious with great portion size and ratio of protein and vegetables

Best food on the rail trail! ★★★★

We were pleasantly surprised by the great food and friendly service. We had the pork belly and it was delicious. All the meals being served around us looked fabulous. Generous portions and good value for money.

Lovely pub meal ★★★★

Had dinner here one night while doing the Otago rail trail – lovely pub meals. I had the chicken schnitzel and it was lovely and moist, my husband had the lamb shanks and raved about them – so good. Excellent value, large hearty meals for a reasonable price. Good service and a welcoming vibe.

Source: Online review platforms.

Property Details

Property Type

Country Pub
Bed & Breakfast
Bars

Sale Type

Freehold Going Concern

Region

Central Otago

Physical Address

7148 Wedderburn-Becks Road, RD1, Ranfurly, Central Otago - On the Otago Central Rail Trail!

Price

CENTRAL OTAGO HOME & INCOME OPPORTUNITY $800,000 +GST (if any)

Contact Agents

Business Broker Adrian Chisholm

Adrian Chisholm

PRINCIPAL | Tourism, Hospitality & Leisure Business Broker
Head Office | Otago & Southland
International: +64 21 727 888
NZ Mobile: 021 727 888

Email: adrian@tourismproperties.com

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COMMUNICATIONS MANAGER

English
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凯文 阎

亚洲联络顾问
奥克兰,基督城和皇后镇(新西兰),布里斯班(澳大利亚)和亚洲
国际电话: +64 27 726 8888
新西兰手机: 027 726 8888

电子邮件: kevin@tourismproperties.com

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