Kapiti Coast Accommodation
Cottage Park Lodge Freehold for Sale
This complex offers so much potential, it must be viewed to be appreciated

Kapiti Coast Accommodation

Accommodation Motels,Caravan Parks, & Budget Units

Vendor is prepared to negotiate with a prospective buyer - If there is a vacancy at this complex, guests will stay here:

  • 9 Motel Units
  • 7 Motor Home powered sites
  • 8 Budget Units
  • Conference Venue 

This property is offered "For Sale" as two Lots on two separate Titles

  1. Lot 1 Complete Going Concern $1,570,000 (+GST if any) or      
  2. Lot 2 Motel as Going Concern   $900,000 (+GST if any)

The Vendor has placed the complex on the market as they wish to retire. Each style of accommodation is self contained easily managed, established business with plenty of potential to increase turnover. Vendor will sell the property in two parcels or as single property.

8 separate 1 Bedroom self contained fully insulated units, + 1 Studio Unit, All units double glazed, including heat pumps. 5 Budget units sleeps two people, complete with full bedding & T.V. Serviced by a commercial kitchen and bathroom facilities which are of a very high standard. 8 Motorhome / Caravan powered sites. Guests have the option to use the commercial kitchen on site. 

This complex offers so much potential, it  must be viewed to be appreciated. Buy as a whole property and refine the boundaries to retain the income earning of the property and sell on the balance of the property with a separate entrance. This is an interesting proposition located on State Highway One in Sunny Otaki.

Here is an opportunity for the person looking for location with potential.

With transport access to and from Wellington improving the popularity of Otaki as a place to stay must increase the occupancy.

 

Address

Contact

  • Malcolm McCrae

    Malcolm McCrae

    Malcolm McCrae is the principal of McCrae Real Estate Limited, MREINZ,  REAA Licensed Agent

    Malcolm (AREINZ) is a Licensed Agent REAA and has over 33 years experience selling real estate, the last 15 years specialising in the motel industry. Allied Member of the Motel Association of New Zealand and Approved Consultant of Hospitality New Zealand.

Disclaimer

The property information has been prepared from information supplied by the owners. Every precaution has been taken to establish the accuracy of the material. No responsibility or liability is accepted by McCrae Real Estate Ltd (Licensed Agent REAA 2008) its principal, agents or employees. Prospective purchasers should make their own enquires and satisfy themselves as to all aspects of this material.