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.
Tender
This brand new modern warehouse complete with yard and ample parking offers a new tenant generous amenities over a floor area of 409 m2 (more or less). Strategically placed in Otaki's thriving commercial/industrial area and located off popular Riverbank Road, this quality designed building offers 2 automatic roller doors, 2 fully equipped kitchens and 2 bathrooms with showers and can be leased in its entirety or as 2 separate units. Other features include a solar power system that operates the security gate, LED lights and hot water and windows that are energy efficient. Working together these systems will significantly minimise utility bills. Zoned industrial/light manufacturing, this is a building that because of its cutting edge construction and green features will improve the quality of life of the environment in which it is located. Lease opportunities of this caliber are seldom available. Features: • 409 m2 warehouse/showroom (more or less) • Onsite parking, security fence and alarm • Cat 6 cabling for fast internet • Solar lighting, HW, security gate • 100 % NBS seismic rating • 3.8m x 3.0m electric roller doors
By Negotiation
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Welcome to 8 Renata Road - Located in the heart of Otaki, this property is ready for a new family. Recently refreshed in the living and bedrooms there is still potential to add more floor space in the 2.6m* stud high attic. This solid 1980's build is spread out of 240m2 of floor space on a 881m2 section. This is the perfect first home, renovation project, or investment property. 8 Renata Road offers: •Three Bedrooms •Separate living, dining and kitchen •2 Car internal garage •Close to town Call Charlie for more information. I look forward to showing you through.
Buyers $729,000+
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