218 Main Highway, Otaki, Kapiti Coast, Wellington

Positioned at the northern gateway to Otaki’s evolving commercial precinct, 218 Main Highway presents a compelling freehold investment underpinned by a proven hospitality operator.   The property comprises a 154sqm (more or less) freehold site with a 130sqm (approx.) single-level building, fully leased to Blackhood Bakes Artisan Bakery, returning $35,000 + GST net per annum.   The Tenant has built a business that has quickly established itself as a local favourite since opening in November 2023 and holds a right of renewal through to 2029, providing income continuity while preserving longer-term flexibility.   The premises feature a quality, contemporary fit-out including polished concrete floors, exposed ceilings, and feature lighting, complemented by strong window and road frontage. Existing chiller infrastructure, grease trap, and upgraded services further enhance the asset’s adaptability.   A rear yard and storage garage add functional depth, while ongoing infrastructure upgrades along the main highway are driving renewed confidence and positioning the precinct for future growth.   A tightly held offering, combining instant income today, with genuine future potential for owner-occupiers and investors seeking a foothold in an improving location with renewed energy and focus.   For more information or to arrange a viewing contact:

Dean Anderson on 021 244 2931 dean.anderson@colliers.com or

Jo Stewart on 027 641 1680 jo.stewart@colliers.com   Please note all areas and values are approximate only.  

Features:

• Fully leased freehold returning $35,000 + GST with renewal to 2029
• Modern 130sqm shop with strong road frontage
• Chiller infrastructure, grease trap, plus rear yard & garage
• Prime position in Otaki’s growing commercial precinct

More information: https://www.colliers.co.nz/p-NZL67039722