258-260 Main Highway and 262 Main Highway, Otaki, Kapiti Coast

High occupancy freehold motel with room to expand

•Strategic positioning near to newly developed Expressway
•5 self-contained motel units and 2 bedroom manager flat
•Recent upgrades include sound-proofing and double-glazing to all units and manager flat

This strategically located site is now up for sale. Situated next to a superb reserve enjoyed by cyclists and animal owners and located just 53 minutes' drive from the Interisland Ferry Terminal, this property gives access to the lower North Island, being just 17 minutes from Paraparaumu and 19 minutes from Levin.

The motel has enjoyed a high level of occupancy that has been unaffected by the new Expressway. It enjoys ongoing bookings from local tradespeople and from Massey University. A short walk to the Otaki retail centre, and “stumbling distance” from key event venues such as the Milk Station and Ōtaki-Māori Racing Course, it is a popular venue from which to explore the town.

Each of the motel units have recently been upgraded with sound-proofing and double-glazing, as has the manager's flat. The motel property adjoins a bare section of 5,140sqm which could be used to develop additional units.