23 Goulter Street, Seddon, Marlborough

Develop or land bank. Surplus to requirements

Set in the heart of Seddon, just 25 kilometers south of Blenheim, this unique commercial property offers a rare blend of historical charm, current income, and future potential. Formerly known as the Starborough Tavern, this site is set on a generous 4,048sqm land area with a 523sqm floor area. Currently utilised as a 9-bedroom workers' accommodation facility, this versatile layout that can support a range of business operations.

The property is tenanted on a short-term lease, with the current agreement set to expire in September 2025. This arrangement provides immediate holding income while giving purchasers the flexibility to plan their next move, whether that's a full redevelopment or continuing its current use as an income-generating accommodation. The building meets healthy homes standards, ensuring it remains a functional asset from day one.

Strategically located with excellent access to State Highway 1, the site offers smooth connectivity to Blenheim, Picton, and Christchurch, placing it at the heart of one of Marlborough's key transit and tourism routes. The surrounding property is proximity to vineyards and wine operations, making it an ideal base for seasonal or long-term worker accommodation.

The generous land parcel, coupled with the existing infrastructure and development plans already on file, offers vast potential for a new owner to reimagine the site. Whether you are an investor seeking passive income, a developer with a vision for commercial projects, or a business owner looking for a central, adaptable hub, 23 Goulter Street represents a compelling opportunity in a growing Marlborough region.

This is a unique opportunity to secure a sizeable and adaptable property in a region poised for continued growth, Contact Jake Arnesen or Kurt Lindsay today for a viewing or more information