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Corstorphine House

$3,888,000 plus GST if any

Freehold Going Concern Otago

ID: 1255

Corstorphine House - A Unique Opportunity

Property Name:
Corstorphine House
Address:
23A Milburn Street, Dunedin
Property Type:
Boutique Properties
Sale Type:
Freehold Going Concern
Price:
$3,888,000 plus GST if any 
Region:
Otago
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Murray Stott

Murray Stott

Entertainment & Media Specialist |

M: +64 21 0231 2796

murray[at]resortbrokers[dot]co[dot]nz

Murray Stott

Entertainment & Media Specialist |

Contact Agent

Murray Stott

Mob: +64 21 0231 2796

Email: murray[at]resortbrokers[dot]co[dot]nz

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UNIQUE OPPORTUNITY

NBR rated in top 100 NZ homes. Built in 1863 and extended around 1905 ... this stately home is a truly magnificent example of Victorian  and Edwardian architecture ...

During this mansions incarnate as a boutique hotel with a Qualmark 5 star rating and membership of Relais & Chateaux it hosted heads of state, royalty (HRH Prince Charles) and movie stars. Gwyneth Paltrow booked into her favourite Russian suite for two months, while locally filming Sylvia Plath in 2003. Eclectic Hollywood notables from Daniel Craig (007) to Sesame Street’s “Big Bird” have also stayed.

As a result of the GFC the hotel closed it doors in 2008, as $800 nights in the south became  rather scarce. The mansion was purchased by a ventilation entrepreneur in 2009  and subsequently a further $1 million has been invested in improvements with the major projects being:

- the building of a second residential style commercial kitchen to highest quality standard;

- installation of a 60kw coal burner significantly reducing heating/hot water costs in the cooler Dunedin winters;

- complete rebuild of the historic greenhouse being transmogrified into a sublime conservatory with double glazing ensuring the comfort of up to 90 guests for a formal dinner or wedding and the likes.

Features:           

This mansion is presented in magnificent condition; and, being nestled among 3.30h hectares of formal gardens, vegetable gardens, orchards, ponds, fountains and waterfalls with walking tracks through well- established woods ... the property is a favourite for everything from weddings to formal dinners and corporate retreats etc.

The mansion comprises of 8 (themed) suites and 3 dining and/or drawing rooms linked by recently carpeted expansive hallways from a grand-entrance foyer.

WIWO opportunity presents for either a grand home; or return to a boutique hotel operation.

 

Contact sole Agent: Murray Stott 021 0231 2796 / murray@resortbrokers.co.nz

 

Disclaimer: We do not accept responsibility for mis-statement or error contained on this site. Interested persons should rely on their own enquiry. All prices are plus GST if any unless otherwise stated. If the transaction is recognised as a going concern then the sale should be zero rated.

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Murray Stott

Murray Stott

Entertainment & Media Specialist |

M: +64 21 0231 2796

murray[at]resortbrokers[dot]co[dot]nz

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