Otaki
258-260 Main Highway and 262 Main Highway, Otaki, Kapiti Coast
+22
Development Potential: Motel & Land Package
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.
To obtain copies of all supplementary documents please register your details at www.propertyfiles.co.nz/property/258-260,262MainHighway
Johnny Curtis
Capital Commercial 2013 Ltd, Bayleys,
Licensed under the REA Act 2008
Features
Land area breakdown
258 -260 Main Highway - 2,488sqm 262 Main Highway - 5,140sqm
Location
Key Location near The Kapiti Expressway and adjoins the Kapiti Coast cycleway
Opportunity
Development opportunity underpins potential to add value
Zoning
Residential and rural
Available
Vacant Possession
Motorway access
This area has undergone significant changes since the completion of the Expressway, moving away from its previous status as part of State Highway 1 and the primary access route into town.
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Property files
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