A restored historic woolshed with good business potential, just off Queenstown’s Lake Hayes highway, is on the market.
The Woolshed at Bendemeer, occasionally used as a function venue, is part of the high-end Bendemeer rural residential subdivision bought by United Kingdom-based Kiwi Alistair Jeffery in 2011.
The stacked stone building, originally built in the 1870s, was added to in the 1950s.
The subdivision’s original developers, Ross Allan and Richmond Paynter, restored it almost 10 years ago, adding a wood-panelled dining room with modern kitchen and open fire and two lodge rooms, and retaining the original shearing pens as a special feature.
The woolshed, along with the Bendemeer pavilion, won a New Zealand Institute of Architects award.
Mark Simpson, a director of Colliers International Queenstown, which is marketing the property for sale, says: “The renovated woolshed tells the story of its own heritage both inside and out, with the exterior largely unchanged and the interior a sensitive combination of old and new that complements the structure and the surrounding landscape.”
The rateable value of the 175 square metre building, on a two hectare block, is $960,000.
The building comes with a resource consent for a cafe and/or gallery.
“It will have wide appeal to buyers including food and beverage operators, lifestylers wanting a project with a difference and investors looking for a foothold in Queenstown’s tightly-held property market,” Simpson says.
“The building is in a very high-profile location near Queenstown, Lake Hayes and Arrowtown with the Bendemeer estate providing expansive views over the entire Wakatipu Basin.
This makes it perfectly suited to a restaurant, boutique accommodation, wine tasting venture or cafe-style venue.”
Beyond its visitor attractions, the venue’s also surrounded by high-end lifestyle properties. The property also includes consented plans for a commercial kitchen and extension, Simpson says.
Jeffery says: “With business interests continuing to keep me in the UK, the project to develop The Woolshed is best passed onto a new owner.”
The property’s for sale by deadline private treaty closing October 15.