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Wrights by the Sea Motel, Paraparaumu Beach Free Hold Investment

Wrights by the Sea Motel 387-389 Kapiti Road

$1,150,000 Plus GST (if any)

Wrights by the Sea Motel, Paraparaumu Beach Free Hold Investment
  • Wrights by the Sea Motel, Paraparaumu Beach Free Hold Investment
  • Wrights by the Sea Motel, Paraparaumu Beach Free Hold Investment
  • Wrights by the Sea Motel, Paraparaumu Beach Free Hold Investment
  • Wrights by the Sea Motel, Paraparaumu Beach Free Hold Investment

About the business

Freehold Investment

No. of Rooms:
14

Configuration:
9 x studios and 4 x 1 bedrooms
Owner's Apartment:

2 story 3 bedroom house, open plan lounge/ dining, separate kitchen, ensuite and bathroom, large double garage.

Age:
21years

Features:

Transport
Getting to and from Wellington is easy even if you don't have a vehicle. Buses stop outside our door which take you to the train station. The train takes you direct to Wellington Stadium. Both buses and trains run half hourly for easy access. By road a 45 minute drive to the regional stadium.
For the matches, Kapiti Coast is on the main route north with provides easy reach by road to the other matches: Palmerston North (90km - 1 hr 15 mins) New Plymouth Location - Beach and Golf
Wrights is an ideal location, relaxed & comfortable just 100metres from the beach, golf course, local shops and restaurants. A great place to unwind after following your favourite team about the country.
(304 km - 4 hrs), Napier (266Km - 3 hrs 30 mins)
Shopping and Sight Seeing
Paraparaumu Beach has a great selection of cafes, fine restaurants, galleries and popular retail shops, many of which are within walking distance of "Wrights by the Sea".
Ask us at Wrights by the Sea for up-to-the-moment news, sightseeing and tourist attractions.
Kapiti Club
The Kapiti Club, in the heart of the Paraparaumu Beach shopping area, is just a short walk away. The Club offers a great social atmosphere, value for money meals, competitively priced drinks and fantastic sea views to Kapiti Island. Talk with your host Lynne Corkin about Guest Membership and enjoy a wonderful night out.
Coastlands
Paraparaumu Beach is linked to Paraparaumu's Coastlands Shopping town and the Kapiti Lights Complex by Kapiti Road. Coastlands offers a great selection of retail shops, department stores, supermarkets and a Tourist Information Centre.

Approximate Yield:
7-8%

Financial Information:
Financial information can be obtained by signing a confidentiality Agreement downloaded from this listing.

Contact:
For further information please contact Gary Hutchings gary@resortbrokers.co.nz 027 779 9049

View more details at Resort Brokers

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Gary Hutchings
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Listing Number 982

Listed 4 Nov 2011   168 Views

Agents Details

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Gary Hutchings
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