The Dunedin City Council has put the Caledonian Bowling Club site on the market but is not revealing how much it expects to make from the sale.
The property in Andersons Bay Rd has a capital value of $1.52 million, which includes the clubhouse, and the land has a rateable value of $1.18 million.
Dunedin City Council property manager Tim Buchanan declined to say what the council expected the property to sell for.
''I wouldn't want to preclude any offers, so I don't think it would be appropriate [to reveal that information],'' he said.
Council city property manager Kevin Taylor said the 2565sq m site was being sold as is, with the now vacated bowling club buildings still in place.
''The land sits on a main arterial route, in an area that is now almost exclusively commercial, so we expect there to be good interest in the site.''
Rather than using an external agent to market the property, the sale was being handled by City Property by way of a deadline private treaty.
''We believe this method will provide the best opportunity to maximise the return on the property.''
The decision to sell the site was made last year after a period of public consultation.
A council media release said that over the years the number of active bowlers in the club had fallen, leaving its main focus as a social venue.
The council decided that because it was a high-value site, its retention as a largely social venue could not be justified, especially when revenue from the sale could be used to reduce debt and also be invested in other areas of community activity.
The property is on sale until 4pm on May 14.
