81861 State Highway 2, Pahiatua, Tararua

By Negotiation + GST (if any)
27,100m2
Land Area
2,330m2
Floor Area

+83

+82

Something for everyone

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

Chattels

See chattels list (Excluded Chattels: Coloured plastic chairs in main dining room, centre island bench/drawers in residence kitchen)
81861 State Highway 2, Pahiatua, Tararua

Web ID

PC203000

Floor area

2,330m2

Land area

27,100m2

District rates

$8796.05pa

Regional rates

$1275.45pa

LV

$855,000

RV

$1,756,000

By Negotiation + GST (if any)
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Patrick Baker

Patrick Baker

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PC203000

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From $199,000 + GST (if any)
PC166838

Welcome to a prime investment opportunity in the heart of commercial excellence! This meticulously maintained commercial building boasts an impressive seismic strength with a high NBS (New Building Standard) rating of 82%, designating it as a Category A building. Safety, stability, and longevity are at the forefront, ensuring your investment is built on a solid foundation. With three separate leases in place, including reputable tenants like The Bookshop, New Zealand Post, and BNZ, your income potential is secured. These established, well-known brands contribute to the building's prestige and ensure a steady stream of revenue. The building is not just a place of business; it's a reflection of modern sophistication. Each leaseholder enjoys a dedicated and professionally designed space that caters to their specific needs, fostering an environment conducive to success. This building enjoys high visibility and accessibility with access to the rear of the property and convenient staff parking. Its strategic position enhances foot traffic, making it an ideal choice for businesses seeking a prominent presence in Pahiatua. Whether you're a seasoned investor looking to expand your portfolio or someone seeking a rewarding investment with reliable returns, this commercial building ticks all the boxes. With existing leases, a high NBS rating, and a lineup of reputable tenants, your investment is poised for success. There is also an option to secure the current business in the building, see ID: PC166835. Seize the opportunity and don't miss out on this exceptional chance to diversify and elevate your investment portfolio!

By Negotiation

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