Ariki Lodge Motel in Waikanae Kapiti Coast, Business is for sale

The Ariki Lodge Motel in Waikanae, on the Kapiti coast, business is for sale - price reduced to be ready for Summer season.
 

NOTE - The land & buildings is also for sale at $ 560,000 plus gst if any

The Ariki Lodge Motel is a delightful yet small motel setback from the main road highway that runs through Waikanae. It has 8 units - 6 Studio and 2 x 1 bedroom units and so is ideal for newcomers to the industry or for those that would like a semi retirement gig to keep them busy.

The garden and BBQ areas and very nice and a certain attraction for familys and others that stay at the motel. The Pool and deck area is very resort like and also an added attraction to the property.  

There is ample parking space and spots right outside the unit doors.
 

Owners Accommodation

A nice two bedroom house with a spaceous back garden and front deck. The current owner has a vegetable plot out the back and the front deck is used as a sun trap ready for the occassional BBQ. There is an attic room above the lounge which could be used as a third bedroom. A nice comfortable home in pleaseant surrounds.
 

Brokers Comments

This property has a tidy turnover with a lot of return guests and those family members visiting the various retirement homes in the area. The rent is good and there a plenty of years left in the lease to run.

The land & buildings is also for sale so the majic combo of both Business and Land & Buildings is a real set up for a great semi retirment business. Go for it !
 

Website : http://www.holidayguide.co.nz/KapitiHorowhenua/ArikiLodgeMotel.aspx?Action=UnitOverview
 

Contact the Broker

Ross Larsen, the Tourism & Hospitality Business Broker that is acting as the agent for the owner of this property is happy to discuss this property's details with you at any time - refer to the contact details on this page.

Waikanae

Waikanae (pronounced Why-kah-nay) is a small town on New Zealand's Kapiti Coast. The name is a Māori word meaning "The waters of the yellow eyed mullet".

The town is about 60 kilometres north of Wellington, New Zealand's capital city, and is between the towns of Paraparaumu, eight kilometres to the southwest, and Otaki, 15 kilometres to the northeast.

Waikanae is a popular place for retirement and beach holidays. The wide Tasman Sea surf beach is great for swimming and long beachcombing sessions. The local nature reserve provides a unique opportunity to learn about the natural history of New Zealand. It takes a couple of hours to explore the well-maintained pathways. The Waikanae River, to the south of the town, has swimming holes, walkways and popular whitebaiting spots. There are many artists living in the area; it’s fun to browse the galleries and Waikanae has a comprehensive shopping centre.
 

Geography

Waikanae and its neighbouring settlement of Waikanae Beach serve as quiet places for families and older people. Many new cafes have opened up in Waikanae and Waikanae Beach to service both the locals and visitors to the beautiful Kapiti Coast. Just north of Waikanae is the small settlement of Peka Peka.

The town and surrounding area is most noted for its beautiful beach and river mouth, which is opposite the long form of Kapiti Island, which lies four kilometres offshore in the Tasman Sea. The waters between Waikanae Beach and Kapiti Island are a marine reserve, and whales are sometimes spotted on their migration routes through the narrow corridor. The beach itself is composed of black sand, but is still great for water sports and long walks. Inland, behind Waikanae, are the Tararua Ranges and the Akatarawa Valley, home to a popular conservation park, Staglands Wildlife Reserve. A road through the valley provides a link with the Hutt Valley via Reikorangi and Cloustonville.
 

Transport

The town is located on State Highway 1 and the North Island Main Trunk Railway. The only direct commuter train to Wellington is the Capital Connection from Palmerston North which leaves for Wellington in the morning and returns in the evening on route to Palmerston North. However, there is a frequent bus service to Paraparaumu which connects with the regular train service to Wellington.