30 Main Street, Otaki, Wellington - House Sold on 24 09 2025

SoldSep 24, 2025

30 Main Street, Otaki, Wellington

Amount undisclosed

620 m²

1462 m²

House

•

30+ days on the market

Sold: Sep 24, 2025

What's around 30 Main Street

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.

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Seller's review

6 months ago

Verified Review

Highly recommend Maureen

From start to finish From being live on the internet, Photos,the advertising, putting together a detail information package to all potential purchasers Hands down in my 35 years dealing with property agents Thank you Maureen very much for your services and selling my commercial property Looking forward working with you again

Seller