36 Forest Drive, Methven, Ashburton

A tenanted investment

Deadline sale (unless sold prior) 12pm, Thu 25 Sep 2025

With the owner now based overseas and ready to divest her final New Zealand investment, this property presents an exceptional opportunity, supported by a secure tenancy returning $40,400 + GST and outgoings per annum (from 1 April 2026).

36 Forest Drive is home to the iconic Green Parrot Bar & Grill, with a secure, long-term lease to a well-established and thriving business, this is a rare chance to secure a commercial investment in central Methven, an area where opportunities seldom come to market.

The property itself is as impressive as the business it hosts:
•Dual street frontage from both Forest Drive and McKerrow Street
•Zoned Business A - offering a range of development opportunities (with council approval)
•Current lease $35,000 + GST and outgoings
•1 April 2026 - 31 March 2027 $40,400 + GST and outgoings
•Current lease expiry: 31 March 2030
• Modernised, post-earthquake frontage with high ceilings and a spacious open-plan layout
• Central kitchen servicing both the main dining area and an additional rear dining space
• Expansive outdoor area on the 809sqm (more or less)
• Double garage with rear access off McKerrow Street offering excellent storage for the tenants

Methven, once a quaint rural village, has blossomed into a vibrant, year-round tourist destination. With world-class skiing, the Opuke hot pools, and a thriving hospitality scene, this welcoming township is growing every year, attracting both loyal locals and worldly visitors.

Whether you are drawn by the consistent rental income or the chance to invest in a growing, high-demand tourism destination, 36 Forest Drive is an opportunity not to be missed.

For more information on this property call now, or please visit: www.propertyfiles.co.nz/property/5527799