30 Main Street, Otaki, Kapiti Coast, Wellington

Situated in the very heart of Otaki's thriving township, this prime property offers an incredible investment. With a happily sitting tenant on a 5x5x5 year lease and a healthy return of $1600 per week (including all outgoings), the numbers work very well here. With rental income from numerous fully tenanted rooms upstairs, the bar downstairs offers a variety of services, including a restaurant and poker machines.

This central location ensures a steady stream of foot traffic, presenting an excellent opportunity for both established entrepreneurs and those looking to embark on a new venture. Otaki has a rapidly growing population and is this pub is one of the key venues in the town's hospitality industry.

Situated on an under-utilised 1462sqm, and located in KCDC's Town Centre Zone, there are significant potential options for the unused portion of this land.

Plans have changed for our vendor as he heads overseas - so seize this opportunity to purchase this iconic establishment for significantly below Rateable Value.