Property ID: JT0028

About the property

NZ$1,806,000 +vat

Excellent opportunity to acquire a brand new modern apartment complex of 9 units conveniently located near Avarua waterfront CBD

A quality turn-key rental investment catering for the extremely high market demand for accommodation!

This brand new modern and spacious 9-unit apartment complex is set on a generous flat-level section of 3,245sqm on Avatiu Road.  A fantastic central location amidst lush interior surroundings and a stunning mountain backdrop.

Conveniently located within a 5 minute walk of Avatiu Harbour and Punanga Nui Cultural Markets and within a short 1km of stores, restaurants and cafés around the bustling town of Avarua, and Rarotonga International Airport. 

Units have spacious interior design and all feature two double bedrooms with built-in cupboards and bathroom with shower.  Each fully-equipped kitchen opens onto the air-conditioned dining and living area which overlooks a private outdoor courtyard – the perfect place for entertaining friends and family.  Each unit has its own private laundry room off the front verandah, and a large cobbled courtyard entrance off the parking area.

Interiors feature tiled floors throughout, electric ceiling fans, louvered windows to maximise airflow, and quality solid furniture.

The complex is constructed to a high quality finish and workmanship. Sold complete with quality furnishings, furniture, fittings and fixtures.

Everything is in place for the new owners to gain an excellent rental return from this superb investment shortly after receiving the keys.

Additional details

  • Newly built in 2018 to high quality finish and quality workmanship
  • Units have combined area space of 607sqm and exterior concrete verandahs on both sides of 213sqm
  • Full tile floor finish throughout
  • Louvered windows installed to maximise airflow
  • Insect screens installed on all windows
  • Concrete block construction materials to the exterior on cement plaster finish with firewall internal partitions
  • Corrugated roofing with solar panel system for hot water, and roof extractor
  • Spouting to water tank supply

ENQUIRE NOW! Please contact us at Jeff Tikitau Real Estate for further details or to arrange a private viewing!

Spacious interior design and private exterior courtyard
Private outdoor entertaining area
Accommodation Units For Sale in Rarotonga

Features At A Glance

  • Leasehold Ownership of 50 years
  • Generous section of 3,245sqm with lush tropical surroundings and mountain backdrop
  • Conveniently located within a 5 minute walk of Avatiu Harbour and Punanga Nui Markets
  • Within 1km of Avarua waterfront CBD and 4kms from Rarotonga Airport, also handy to schools and beaches
  • 9x self-contained apartments each with its own cobbled courtyard entrance
  • Spacious interior design with 2 double bedrooms, 1 bathroom, open plan kitchen/dining/living area, and laundry room
  • Air-conditioning and ceiling fans
  • Private outdoor entertaining areas at the rear
  • Ample parking at the side of the complex
  • Sold fully furnished

Area Profile

Avatiu is a settlement located on the northern coast of Rarotonga to the west of the national capital Avarua.  Avarua is served by Rarotonga International Airport as well as Avatiu and Avarua Harbours.

The Port of Avatiu is the principal port of the Cook Islands.  Situated directly next door is Punanga Nui Cultural Market, a ‘must do’ for all visitors to the Cook Islands. 

Around this area at Avatiu you will also find a handful of takeaway bars, rental car agency, car sales yard, souvenir store, a service station, and CITC major outlet stores (Food, Liquor, and Building Supplies).

Commercial Block of Accommodation Units For Sale

Commercial Apartment Complex of Accommodation Units For Sale Near Avarua Town and Avatiu Harbour & Markets in Rarotonga
Private front yard at the entrance of each unit

Contact Us

If you have any queries, questions or enquiries, please call us on telephone +682 53658 or click below to send us an email

Disclaimer: It is our intention to provide accurate and up-to-date information on our website which has been obtained from various sources, however all information is subject to independent review and verification.

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