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Otaki

216 Main Highway, Otaki, Kāpiti Coast

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425sqm Land area SQM
302sqm Floor area

Positioned to Prosper - Buy One or Both!


Outstanding opportunity to secure two adjoining Kapiti Coast, commercial properties in a popular destination location, renowned for its boutique retail, cafes and outlet stores. This historically, tightly held property precinct has been greatly improved with the completion of the Kapiti Expressway.

Comprising a total land area of 425sqm with two separate buildings, this is an ideal opportunity for owner occupiers or investors alike to secure now and capitalise on the future growth of this coastal Otaki township.

216 Main Highway - 172sqm building currently leased to three retail tenants on various lease terms plus a small vacancy and rear yard and storeroom - plenty of potential here to add value.

218 Main Highway - 130sqm building offered with vacant possession, this character space is ready to occupy - make the most of the profile and signage that compliments this property.

Recent confirmation of two new national brand businesses to this commercial strip, is testament to the continued business confidence in this location that is supported by other established retail and services brands including Kathmandu, Icebreaker, Hunting & Fishing, Bendon, McAndrews Menwear, Black Pepper, Mobil and BP Service Stations plus New World Supermarket.

The pivotal location close to the State Highway and future redevelopment potential of both properties combine to make these two compelling commercial investments not to be missed. Buy one or both!

Tender

19a Raumati Road, Raumati Beach

6
Sep

Time4pm
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Jo Stewart

Jo Stewart

Commercial, Industrial and Development Sales and Leasing

Capital Commercial 2013 Ltd, Bayleys,
Licensed under the REA Act 2008

Features

Add value


Future redevelopment potential with holding income

Land area


Two strategic freehold commercial properties

Opportunity


Buy one or both

Location


Increasing popular coastal investment location