258-260 Main Highway and 262 Main Highway, Otaki Development Potential: Motel & Land Package

Available PropertyFiles:

  • /1. Information Memorandum/
    • Information Memorandum 258 - 260 Main Highway and 262 Main Highway.pdf
  • /2. Interest on Title/
    • Interest on Title - Consent Notice B744394.2.pdf
  • /3. Titles/
    • Title - 258-260 Main Highway.pdf
    • Title - 262 Main Highway.pdf
  • /4. Renewal Invoice/
    • Renewal Invoice.pdf
  • /5. PP2NO - Condition 60A/
    • Da 001 01Draft 20180503 TH (Condition 60A - Rail Noise - Otaki Motel).pdf
    • Da 003 20180503 SA (Condition 60A - Rail Noise - Otaki Motel).pdf
  • /6. Tender Documents/
    • Tender Agreement - 258-260 Main Highway.pdf
    • Tender Agreement - 262 Main Highway.pdf

Property Description

This property opportunity spans over two separate titles, encompassing a total of 7,988 sqm of land.

258-260 Main Highway features five self-contained motel rooms, 2 bedroom house plus double garage and surrounding land, providing guests with a classic Kiwi accommodation experience and offering holding income and further ability to add additional rooms.

The adjoining section at 262 Main Highway, measuring 5,140sqm, is vacant land, both sites are primed for redevelopment.

Situated on the old State Highway One and adjacent to the Kāpiti Cycleway and Expressway, this location enjoys high visibility and easy access, with a convenient 53-minute travel time to Wellington.

Just a short walk from the Ōtaki town centre, this property presents a unique opportunity to capitalise on the area's growth potential.

With its spacious land and strategic positioning, this is an ideal opportunity for developers and investors looking to make their mark.

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Terms of Supply

DISCLAIMER AND STATEMENT OF GENERAL POLICY
The following information has been supplied to Capital Commercial (2013) Limited (“Bayleys”) to be made available to any prospective interested parties for general information purposes only.
Bayleys and the Vendor do not warrant the accuracy or completeness of the information and recommends that all recipients make their own enquiries to their satisfaction in all respects and seek their own independent expert advice.
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Contact Johnny Curtis

Capital Commercial (2013) Limited, Bayleys,

Licensed Real Estate Agents (REAA 2008)

+64 4 499 6022   +64 02 138 6285   johnny.curtis@bayleyswellington.co.nz   All Listings