This will be sold!
Key features:
- Generous 960sqm (more or less) of improvements, comprising 11 large studio units, three (3) two-bedroom family units, one (1) three-bedroom manager's residence, and a four (4) bedroom home
- Immediate income from a long-established, successfully operated motel
- Exceptional add-value potential - refurbish, reposition, landbank, or explore subdivision and redevelopment (subject to council approval)
- Motel title: 4,013sqm (more or less) of freehold land
- Additional title: 2,995sqm (more or less) of freehold land including a spacious four (4) bedroom home
- Residential - Mixed Housing Urban Zone
Superbly positioned in the heart of Waiuku township, this substantial freehold holding presents a rare and flexible opportunity for owner-occupiers, investors, developers, or landbankers seeking scale, location, and long-term upside. The offering comprises two separate freehold titles, providing purchasers with the ability to acquire the motel business and land, the additional vacant land title, or both together. This flexibility significantly enhances future options, whether continuing the accommodation use, intensifying development, or holding for long-term growth.
Waiuku is a charming township surrounded by stunning natural landscapes. With its combination of land size, zoning, and central location, the property provides a compelling platform for future redevelopment or continued accommodation use.
The Waiuku Motel has operated successfully for decades and is well maintained, offering immediate income with further potential to revitalise and grow the business. Developers will also recognise the strong underlying land value across both titles. The long-term owner is now retiring, creating a genuine opportunity to secure one of Waiuku's most substantial and versatile freehold offerings.
