Motivation + Location = Opportunity
Jacksons Tavern 4570 Otira Highway, Jacksons Tavern Westland Surrounds View map
Listing # NB3070 Listed 2 Nov 2015
About this property
Occupying the current site for well over 100 years and with a history that pre-dates this by another 40 years, this iconic landmark building once provided convivial hospitality and a sense of identity for locals, travellers, tourists and fortune-seekers throughout its colourful history. In 1868 the Jackson brothers established a legacy - and now is the chance to put your name on the title and become a part of the story.
The current owner has recently invested in extensive renovations but it soon became clear that the costs associated with remote management made that business model economically unviable, and the business closed on 31 January this year. The site is beckoning an entrepreneur with vision and the tenacity to live on-site and operate the tavern as an owner-operator, and/or diversify the income stream by tapping into the local tourism trade. The property is being sold with a full commercial kitchen, chattels and fixtures, four bedroom living quarters, furnishings, equipment and regional memorabilia. The only limiting factor is your imagination!
Perhaps the biggest drawcard for this property is its enviable location. Sited literally on the edge of the highway (buffered only by the original stagecoach hitching posts and a low stone wall) the Jacksons Tavern enjoys profile that modern building regulations would surely not allow. Jacksons is the gateway to the West Coast from the eastern portal funnelling all road and rail traffic before it diverges at the junction west to Kumara and the coast, or northwest to Lake Brunner and Greymouth. It is the logical place for a travel break as you emerge from or anticipate the breath-taking Otira Gorge and Main Divide, or stretch your legs on the TranzAlpine.
Another area of presently untapped potential is the size of the property. One hectare (2.47 acres) of terraced land extends behind the building, beer garden and adjacent carpark offering magnificent views of Taramakau River valley - there is ample space to further develop the site with accommodation, adventure tourism, convenience services (perhaps a truckstop station or off-street parking for coaches and recreational vehicles), visitor information centre or museum. Grey district mayor, Tony Kokshoorn, has recently commented that tourism is booming and many local industries are flourishing. The increase in regional tourism numbers is almost double the national average year to date.
Now is your chance. Business opportunity in another location has prompted the owner to offer this stunning heritage property to the market. Motivation is very high and terms are flexible. With a recent refurbishment and renovation programme completed the property is looking sharp and deferred maintenance has been attended to. Act now, call Andrew today.
Commercial for Sale Hotel Motel Leisure
- 1.00 ha Land
- 626 m2 Floor