ABOUT THIS PROPERTY
This is truly a unique opportunity :
The new owners will get the Buildings, the going-Concern Business plus the land of 1,674 sqm ( nearly 1/2 acre ) which still has a very hefty 26 years remaining on the lease period.
The avialable land gives so much room for expansion and to develop the current offerings and remains virtually untouched
Located between the Edgewater Resort and Sunset Resort on the main road of Arorangi.
Alberto's offer casual dining plus a great selection of NZ and Australian wines.
Established in 1997, Alberto's is situated on the western side of the island in the beautiful village of Arorangi and is within walking distance of the Edgewater and Sunsets Resorts.
Albertos is loved by visitors and locals alike and offer a la carte menu, cocktails, refreshing beverages and the local "Cooks Lager" on tap. A popular Asian Takeaway is situated at the front of the establishment.
Current owners now wanting to retire after 17 years of successful operation
Sold as a going concern.
Ready for new owners to put their own stamp on this iconic dining establishment
A LITTLE MORE ON ARORANGI
Arorangi is one of the five districts that make up the island of Rarotonga in the Cook Islands. It is located in the west of the island, to the northwest of the district of Titikaveka, and southwest of the district of Avarua. Rarotonga is the most populous of the Cook Islands is stunning in its natural beauty and physical drama. A halo of flame-orange coral reef encircles the island, and Rarotonga’s sapphire-blue lagoon is trimmed by sparkling white beaches. Beyond the reef, breakers foam and crash like distant thunder.
Rarotonga’s settlements are nestled on the coastal flatlands, with the island rising spectacularly through lush fields and rural farmland to the mountainous and thickly forested interior. These silent, brooding peaks dominate the landscape from every angle.
Rarotonga has plenty of history, too, with ancient marae (traditional meeting places) and monuments to explore, and some of the best-preserved coral churches in the South Pacific.
CREDITS TO www.lonelyplanet.com, rarotonga-and-the-cook-islands
NB: A Tapere or Sub-District is a low level of traditional land subdivision on five of the Lower Cook Islands (Rarotonga, Mangaia, Aitutaki, Atiu, and Mauke), comparable to the ahupua'a of the main Hawaiian Islands. Among the populated raised islands, only Mitiaro is not subdivided into tapere. The remaining southern Cook Islands, Manuae, Palmerston and Takutea are atolls and/or uninhabited, and therefore not subject to this type of traditional subdivision. The atolls of the northern Cook Islands are subdivided into motu (populated atoll islets), instead.
A tapere is a subdivision of a district (the major island subdivision) or puna, which is headed by a district chiefs or Pava (in the case of the Island of Mangaia). A tapere is normally headed by a mataiapo (a chief of a major lineage) or ariki (a High Chief, the titular head of a tribe). It is occupied by the matakeinanga, the local group composed of the residential core of a major lineage, plus affines and other permissive members
Most of the tapere lands are subdivided among the minor lineages, each of which was headed by a rangatira or kōmono, or by the mataiapo himself.
Below that level, there is the uanga, the extended family, the residential core of which occupied a household
Historically, taperes were almost always wedge-shaped - the boundaries beginning at defined points on the outer reef and running inland to enclose an ever narrowing strip of land until converging at a point in or near the center of the island. By this type of delineation, any one tapere included every category of soil type and land surface of the island, from the typically mountainous interior, where forest products were collected, through fertile valleys where the major food crops were grown, across the rocky coastal strip of elevated fossil coral (makatea), out to the lagoon and fringing reef.
Commercial Restaurant Licensed Premises
Seating Capacity 55 inside and 18 outside ( with room for more )
Staff 4 x full-time and 2 x part-time
Section name Raupa Pt Section 87E2A Arorangi
Section Size 1,674 sqm in total
Remaining Lease 26 years (as of 2022)
Sold as going concern Yes
Are Building part of sale Yes
Room for Expansion Yes
Onsite/roadside Parking Yes
Asking Price NZD $ 674,000 + SAV ( + refundable VAT )
Arorangi - Main Road Location - Rarotonga