Location Situated on the hillside of Muri with stunning views of the lagoon and the islands
Bedrooms 7 in total
Bathrooms 6 in total
Property Type Comercial
Land size 1500 sq m
Price NZD $1,590,000
Swimming Pool yes
Remaining lease period 51 years
NEW !! RAROTONGAN BOUTIQUE TOURISM COMPLEX
This stunning complex is based in Muri Beach, Rarotonga is almost complete; the finished product will be comprised of four elevated one bedroom cottages and a refurbished three bedrooms plus two-bathroom house that can be the owners to enjoy or can also be part of the rental complex..
There is a swimming pool with sun loungers all nestled on a 1500 square metre section, just minutes from the liveliness and activity of the famous Muri beach.
All units have a private deck for dining and relaxing and there is ample storage onsite
The lease is long with 51 years remaining.
There is a new sealed access road and plenty of parking.
It would be assumed that a property of this calibre could expect an operating profit, of circa NZD$200,000
1,500 sq meter section: with magnificent water views
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A LITTLE MORE ON MURI and MATAVERA
Matavera (traditionally known as Rangiatea) is the smallest of the five districts that make up the island of Rarotonga in the Cook Islands.
Matavera is located in the northeast of the island, to the east of the district of Avarua, (Avarua (meaning "Two Harbours" in Cook Islands Māori) is a town and district in the north of the island of Rarotonga, and is the national capital of the Cook Islands. and north of the district of Ngatangiia. (Ngatangiia is one of the five districts that make up the island of Rarotonga in the Cook Islands. It is located in the east of the island, to the south of the districts of Matavera and Avarua, and northeast of the district of Titikaveka)
Matavera is subdivided into 5 tapere (out of 54 for Rarotonga), listed from west to east:
Tupapa (Avarua District also has a Tapere named Tupapa)
Titama, Matavera, Vaenga, Pouara,
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.