Positioned at the northern gateway to Ōtaki’s evolving commercial precinct, 218 Main Highway presents a compelling freehold investment underpinned by a proven hospitality operator.
The property comprises a 154sqm (more or less) freehold site with a 130sqm (approx.) single-level building, fully leased to Blackhood Bakes Artisan Bakery, returning $35,000 + GST net per annum.
The Tenant has built a business that has quickly established itself as a local favourite since opening in November 2023 and holds a right of renewal through to 2029, providing income continuity while preserving longer-term flexibility.
The premises feature a quality, contemporary fit-out including polished concrete floors, exposed ceilings, and feature lighting, complemented by strong window and road frontage. Existing chiller infrastructure, grease trap, and upgraded services further enhance the asset’s adaptability.
A rear yard and storage garage add functional depth, while ongoing infrastructure upgrades along the main highway are driving renewed confidence and positioning the precinct for future growth.
A tightly held offering, combining instant income today, with genuine future potential for owner-occupiers and investors seeking a foothold in an improving location with renewed energy and focus.
For more information or to arrange a viewing contact:
Dean Anderson on 021 244 2931 dean.anderson@colliers.com or
Jo Stewart on 027 641 1680 jo.stewart@colliers.com
Please note all areas and values are approximate only.
Features:
- Fully leased freehold returning $35,000 + GST with renewal to 2029
- Modern 130sqm shop with strong road frontage
- Chiller infrastructure, grease trap, plus rear yard & garage
- Prime position in Ōtaki’s growing commercial precinct
More information: https://www.colliers.co.nz/p-NZL67039722
