Central Motel Rarotonga Cook Islands

 

CENTRAL MOTEL

SALE ON HOLD TILL FURTHER NOTICE

(Feb 2024 )

This once iconic accommodation complex has stood the test of time, and located only meters to the Rarotonga Court house at AVARUA.

Now in need of some TLC and upgrade, this could be a perfect opportunity for a Trades Person or those who have trades connections and know-how to get in on the lucrative tourism rental market.

There is a shortage of rental accommodation in this location, and so this property could be an ideal candidate for long term tenant, or short term tourism rental, or a combination of both.

Another great opportunity, now available and ready for you  to put you mark on a project with huge potential -CALL NOW !

BUSINESS DETAILS

Location CBD Avarua

Island Rarotonga

Land Size 1,049 square meters

Lease Period Running till 2036 (i.e. 13 yrs remaining as at Sep 2023 )

Lease I.D Te Rua E Kina 66A

Property Type Accommodation Complex

Asking Price NZD $400,000

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