Vendor Highly Motivated to Sell ...

Don't muck around at this price! $495,000 (+ GST if any)

History, land and a real opportunity to develop this centrally located site in Naseby, it's all here.
We want to emphasize the opportunity that lies here with the amount of land that is available, 2577sqm(+/-) which is already on two separate titles, giving you the opportunity to develop or sub divide further.
In 2019 a devastating fire destroyed the rear part of the Ancient Briton Hotel and smoke and water damaged the bar and kitchen area, the separate accommodation unit which has 12 ensuite rooms was untouched .

The Ancient Briton two storey building has a NZHPT category 2 classification.
Property Features:
- Freehold land on two titles
- Land area 2577sqm (+/-)
- Accommodation block of 12 ensuited rooms
- Dual street access
- 70 metre street frontage (approx)
- Fire damaged historic hotel
- Versatile development potential
- Centrally located in Naseby

Naseby and the surrounding area has so much to offer with character and charm throughout the Alpine Village. Naseby is one of the last Historical Mining towns in Central Otago which hasn't been extensively developed. Besides being a popular holiday destination where visitors and holiday makers come to get away from the hustle and bustle of everyday life, curling, ice skating and the winter luge are major attractions along with tourism, walking tracks, mountain biking, horse riding, fishing, hunting and gold panning. Another local initiative is the Summer Luge which is very close to being up and running. The Central Otago Rail Trail has been hugely beneficial to the whole of the Maniototo, with business opportunities within Naseby still growing in popularity. The Rail Trail is only a ten minute drive to Ranfurly with already operating businesses transporting tourists to and from Naseby.