240-242 Main Highway, Otaki, Kapiti Coast
price TBC
534m2
100m2
Superior commercial investment
240-242 Main Highway, Otaki, Kapiti Coast Auction - 1pm, 24 November 2022, on site (unless sold prior) •Land 534 m2 •Building 100 m2 (more or less) •Development options •Ideal for owner-occupier and investor/developer Seldom do commercial land parcels of this size come available to purchase in Otaki's CBD. 240-242 Main Highway presents multiple options for the future occupier or investor to stamp their mark and add material value to this underdeveloped site. The existing building is extremely well presented and features a rear work shop of ~70 m2 with rear and side roller doors, high stud and mezzanine. To the front is a small office and separate storage/ lock-up. The front yard is securely fenced and suitable for storage and vehicles. Use as a workshop/car yard in its current form, develop to add value to the site or lease and land-bank this opportunity for the future. The recent purchase of Otaki Yard by Wellington property developer Ian Cassels provides confidence that the soon to be completed Peka-Peka to Otaki Expressway will have a positive impact on the CBD and encourage further investment and growth. This can only be positive for 240-242 Main Highway and its development attractions. Astute investors and business owners will therefore not want to miss out on the towns growth potential.
240-242 Main Highway, Otaki, Kapiti Coast
Web ID
KPC110446
Floor area
100m2
Land area
534m2
District rates
$3370pa
LV
$350,000
RV
$455,000
price TBC
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Discover 1.36 hectares of prime development land, perfectly situated in the heart of Otaki. This exceptional property, zoned General Residential under Kapiti Coast District Council, offers an unparalleled opportunity to create a vibrant community approximately 500 meters from the bustling Otaki Main Street hub. Put your creative development hat on and think about how you can maximise this sites potential. Proximity to Amenities: Medical centre, supermarket, pharmacy, post shop, and library within short walking distance Accessibility: Under an hour commute to Wellington via the expressway Ideal for work-from-home lifestyle Levin 20-minutes drive and Palmerston North under 1 hour drive A short drive takes you to the beautiful Otaki Beach, perfect for relaxation and recreation. Proximity to Te Wananga o Raukawa and the Nga Purapura - Lifestyle Enhancement Centre adds to the appeal, providing excellent educational and wellness facilities. Unlock the potential of this prime development land and create a thriving residential community in central Otaki. Seize this rare opportunity to blend convenience, lifestyle, and growth in one exceptional location. To be sold by Tender closing 1pm on the 5th of September 2024.
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Discover 4.64ha of idyllic countryside, where quality soil nurtures established fig trees and a thriving orchard. This tranquil slice of paradise offers breathtaking views of the majestic Tararua Ranges and features protected wetlands that invite nature to flourish. Perfectly designed for horses and stock, the property is well-fenced and equipped with functional infrastructure, including troughs, holding pens, and a tack room. A charming barn (no code compliance) which is full of character, serves as a delightful spot to pause for a cup of tea as you take in the serenity of your land. Dream big with the spacious main house site, positioned close to essential services. Create the home you've always envisioned, nestled in this peaceful retreat just minutes from Otaki's vibrant shops and expressway connections. With quiet, no-exit roads and easy biking distance to town, this property is your gateway to rural living without compromise. Embrace the lifestyle you've been longing for - schedule your viewing today. To be sold by Deadline Sale (if not sold prior), closing 5pm Friday13th December 2024.
Deadline Sale
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