A well-known seaside property in the picturesque village of Moeraki on the eastern coastline of Otago is being offered to the market for sale, presenting buyers with the opportunity to return it to its former glory as a restaurant or examine conversion options.
Located at 169 Haven Street, the building was previously home to award-winning restaurant Fleurs Place and has approximately 140sq m of floor area on a freehold site that spans 301sq m.
Sitting in the heart of the harbour at Moeraki, the property overlooks the local wharves where fishermen frequent to land their catch. A healthy wildlife population enjoys the natural surroundings with birds, penguins, and seals.
Fleurs Place, started by Fleur Sullivan, operated for nearly 20 years in the property and drew international acclaim when English celebrity chef Rick Stein visited after being given the chance to fly anywhere in the world to eat.
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The freehold property, along with extensive chattels and plant, is now available with vacant possession meaning an operator could purchase the asset and set up their own operations. Alternatively, subject to the appropriate consents, a residential conversion is possible.
The vendor currently leases neighbouring land for car parking and holds a licence to occupy the LINZ land next door.
On the northern side of the property, towards the no-longer used jetty, is grassed Crown land that is administered and managed by the Department of Conservation.
Members of the public can access this area to look at the stunning harbour on one side and the Pacific Ocean to the other. Many seals use this spot as a resting place as well.
Moeraki is located just off State Highway 1, on the eastern coast of Otago, approximately one hour north of Dunedin and half an hour south of Oamaru.
Tyler Dickison, Commercial Broker at Colliers Otago, has been exclusively appointed to market the property for sale via deadline private treaty closing at 4pm on Wednesday 21 May, unless sold prior.
Moeraki was once home to a whaling station and holds a very significant cultural and historical importance to the local iwi.
The village is also a popular destination for holidaymakers, who enjoy the tranquil peace and quiet, while the nearby Moeraki Boulders draw considerable interest.
Dickison says the freehold property offers buyers the chance to purchase a well-known local asset with a storied history.
"Everything is in place for a buyer looking for a lifestyle opportunity to come and operate a restaurant in a part of the country that enjoys outstanding views, a tightknit local community, and a healthy contingent of travellers," Dickison says.
There is also the potential to reposition the building in the future to utilise it for other purposes, such as residential, subject to the relevant consents.
The surrounding coastline offers a combination of rocky, rugged shores, and beautiful gold beaches, and is serviced by walking tracks to allow members of the public to enjoy the beauty.
A short walk south of the village takes people to Kātiki Point, home of the Moeraki Lighthouse. This is a popular spot to watch penguins come ashore, and dolphins in the water.
"This is such a unique property, full of character, that has long caught the attention of visitors and locals and now the opportunity exists for someone to make it their own," Dickison says.
- Supplied by Colliers