Taranaki being the Outdoor Venture capital of NZ, in terms of annual Music, Arts and Cultural Festivals, as well as only being 10 minutes from Dawson Falls located at Mount Taranaki offers numerous tramping trails that attracts Tourists and locals alike Therefore the house's location is ideal for a Bed & Breakfast business. Eltham is central to north and south Taranaki, and only 20 minutes from the beach. Also the Gas and Oil industry located in south Taranaki has regular casual workers, which means B&B's thrive in and out of the holiday seasons.

Annual building insurance is just under $1,700p/a, and as the home was once a thriving restaurant and guest house, it already has many of its business based installations such as a fire check door upstairs, an indoor fire hose, and fire alarm system, which means any cost to convert the home to being B&B ready is minimal.

The current owners have spent 200k over its GV in the past 5 years, to renovate this stunning Historical home, which includes new roof, electrics, plumbing, roof and wall insulation, new European thermostatically controlled hotwater central heating, which brings it up to modern day standards while retaining its old world charm. The realistic asking price reflects the fact the house could benefit from a repaint and the gardens receive some TLC, however as the house stands on reinforced concrete piles and is made entirely of heart rimu and hard wood window frames, it's a very sound investment.