ABOUT THIS PROPERTY
SCOTCH MIST is a possible MOTEL COMPLEX, or RESIDENTIAL property; a mix of both or any number of opportunities - a true Blank Canvas.
An uncompleted project as casualty from the Covid lockdown.
There is a wide range of possibilities for this property. It is located in immediate proximity to the central business area of Avarua, walking distance to cafes, restaurants and a short stroll to the iconic Trader Jacks waterside restaurant and bar, adjacent to the Central Motel and only meters to the Court house.
There is a shortage of long term rental accommodation on Rarotonga, and so this property is an ideal candidate for long term tenant, or short term tourism rental, or a combination of both.
A calling for an existing accommodator to branch out and have a town location offering, or for a new enterprise to reap the benefits of a property that is centrally located.
Grab this opportunity to put you mark on a project with huge potential -CALL NOW !
Location Town location , adjacent to the Central Motel
Lease Details Te Ruakina Pt Section 66B2B :
Lease Period Runs till year 2068 : Calculated as 60 years from June 2008
Uses Commercial, Residential and Unit Titling
Additional Info : There are several containers on site with a vast array of building materials to help complete the build
Asking Price NZD $400,000
A project in the making - huge untapped potential