Punakaiki Tavern poised for tourism revival
The Punakaiki Tavern has come on to the market as New Zealand’s borders reopen to international visitors, and the region’s tourism industry is picking up again.
Paula Raine, of Ray White Commercial in Christchurch, said the property, located in the heart of the West Coast’s Punakaiki village, was spread across three titles and for sale as a full freehold going concern.
It comprised a 2486-square-metre site featuring the tavern-bistro with an outdoor dining area, nine studio accommodation units, and a manager’s house.
‘‘It is a welcome oasis for many adventurers and travellers with a full service of facilities,’’ said Raine.
The tavern-bistro and manager’s house were built in 1997 and the motel units were built in 2002, she said.
The two-bedroom manager’s house with a lounge, bathroom, wood burner and heat pump also had a room out the back which, subject to consent approval, could possibly be made into a third bedroom or office.
Raine said the tavern and accommodation drew its business from a wide catchment: locals, tourists visiting the famous Punakaiki pancake rocks and blowholes, trampers, cyclists, seasonal whitebaiters and hunters, and travellers on the Great Coast Road, the popular tourist trail from Blenheim down through the West Coast to Wanaka, Queenstown and Invercargill.
‘‘Some of the best aspects about the property are its remoteness, being so close to the world-famous pancake rocks and blowholes, as well as being adjacent to the Paparoa National Park which has so many hiking and mountain bike trails.’’
Raine said the property provided plenty of opportunities for investors or owneroccupiers.
‘‘The buyers will be people who love meeting people from all over the world, being on one of the country’s main tourist routes as the borders reopen.’’
There was also opportunity to add extra accommodation units to meet the peak tourist seasons, she said, and there was room for some updating improvements.
‘‘A few tweaks to the menu and the Punakaiki Tavern could become a destination in its own right.’’