ENQUIRE ABOUT THIS PROPERTY
This large section of 1,732 sqm and has a duplex construction on site; being 1 unit withThree-Bedrooms and another unit with Two-Bedrooms
Tons of potential : Plenty of space to build more units and ready to get going; the existing units can be rented as is, or live in one and rent the other, or do a complete refresh and make-over and add-on - which will establish yourself in the lucrative rental accommodation sector in the Cook Islands.
Current lease is for the provision of Commercial, Residential and Agricultural purposes so the ' SKY is the limit'
GET IN QUICK as this is truly a unique opportunity and priced to sell
Location Close to the main town CBD location of AVARUA
Property Type Duplex - 1 X three-bedroom house and 1 X two-bedroom house
Land size 1,732 square meters
Price NZD $425,000
Remaining lease Till 2068 - based on 60 years from the year 2008
MORE INFORMATION ON RAROTONGA
Doing business OR living on Rarotonga-Cook Islands: The Island of Rarotonga is the most populous island of the Cook Islands, with a population of 10,572 (census 2011), out of the country's total resident population of 14,974. Captain John Dibbs, master of the colonial brig Endeavour, is credited as the European discoverer on 25 August 1823, while transporting the missionary Rev. John Williams.
The Cook Islands' Parliament buildings and international airport are on Rarotonga. Because it is the most populous island, Cook Islanders may often be referred to as Rarotongan, but they may come from one of the other 14 islands in the group, such as Aitutaki or Mangaia. Rarotonga is a very popular tourist destination with many resorts, hotels and motels. The chief town, Avarua, on the north coast, is the capital of the Cook Islands.
The volcanic island of Rarotonga stands over 14,750 feet (4,500 meters) above the ocean floor. It is 32 km (20 miles) in circumference and has an area of 67.19 km2 (26 square miles). At a depth of 4,000 m (13,000 ft) the volcano is nearly 50 km (31 miles) in diameter. Te Manga, at 658 m (2,140 ft) above sea level, is the highest peak on the island.
The island is surrounded by a lagoon, which often extends more than a hundred metres to the reef, then slopes steeply to deep water. The reef fronts the shore to the north of the island, making the lagoon there unsuitable for swimming and water sports, but to the south east, particularly around Muri, the lagoon is at its widest and deepest. This part of the island is the most popular with tourists for swimming, snorkeling and boating. Agricultural terraces, flats and swamps surround the central mountain area.
Along the southeast coast off Muri Beach are four small coral islets within a few hundred metres of the shore and within the fringing coral reef.
Motutapu, 11.0 hectares (0.042 sq mi)
Oneroa, 10.6 hectares (0.041 sq mi)
Koromiri, 3.0 hectares (0.012 sq mi)
Taakoka, 1.7 hectares (0.0066 sq mi)
The interior of the island is dominated by eroded volcanic peaks cloaked in dense vegetation. Paved and unpaved roads allow access to valleys but the interior of the island remains largely un-populated due to the rugged terrain.
A large tract of land has been set aside in the south east as the Takitumu Conservation Area to protect native birds and plants, especially the endangered kakerori, the Rarotonga flycatcher.