Back 30 Main Street
Off Market

30 Main Street

Otaki Wellington

8
5
620 m²
1462 m²
House
Maureen Wallace Maureen Wallace , last sold this property on 23 September 2025 after 123 days on market.

Overview

FAMILY HOTEL OTAKI - Iconic Pub with Accommodation

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 $1650 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.

Features

8 bedrooms
5 bathrooms
620 m² floor area
1462 m² lot size
House

Estimated Value

We need at least 3 similar 8 bedroom houses sold in Otaki over the last 12 months.

Property history for 30 Main Street

2025
Sold
23 Sep 2025 by Maureen Wallace , of Kelly&Co Otaki (Andco Realty 11 Ltd)

Happy sellers in Otaki

66%
66% of sellers in Otaki reported that their sale price either exceeded or met their price expectations.

Otaki stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 57 reviews in Otaki over the last 12 months.

Local market activity for 8 bedroom houses in Otaki

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