24 Morgan Street, Methven, Ashburton

Located in the heart of Methven on a generous residentially zoned landholding, Methven House is a rare property offering established accommodation, multiple income streams, and significant future flexibility, all in one cohesive site.Steeped in history, Methven House was originally opened in the 1920s as Methven’s maternity hospital and has been operated as a retirement home since 1977, making it a property well known and respected within the local community.At the heart of the site sits a substantial main building featuring eleven bedrooms, expansive communal living areas, a large kitchen and dining room, four bathrooms, office and separate additional office space with external access, laundry facilities, and extensive storage. The layout has been designed to support group living or hosted accommodation and remains highly adaptable for a variety of future uses.Complementing the main house is a detached block of four one-bedroom apartments, providing immediate standalone accommodation or income and adding to the property’s flexibility for staged or mixed-use strategies.A key feature of Methven House is the expansive land to the rear, which, together with its residential zoning, presents clear potential for further development or intensification, subject to council consent. Buyers may choose to retain the existing buildings while planning future enhancements or explore alternative residential configurations over time.For some, Methven House may also appeal as a grand residential project, a substantial home to restore and reimagine, with the scale and setting to create something truly special, while retaining options for supplementary accommodation or future development.Adding further practicality, the property includes a standalone triple garage, supporting storage, maintenance, or operational needs.Well recognised within the Methven community, Methven House is a property that already functions yet offers scope for evolution. Whether viewed as a lifestyle business, accommodation investment, community asset, large private residence, or long-term development play, this is an opportunity to secure a site of scale, history, and substance in a growing alpine township.Buyers are encouraged to undertake their own due diligence in relation to zoning, development potential, and permitted uses.For more information on this property call now, or please visit: http://www.propertyfiles.co.nz/property/5528749