EXCLUSIVE LISTING

RENTAL INVESTMENT OPPORTUNITY IN RAROTONGA FOR LEASE!

Property ID: JT017

About the property

NZ$667,000 + vat

An excellent investment opportunity like this doesn't come along often!

Exceptional turn-key rental investment - Don't miss this one!

This tidy recently-built modern unit complex consists of 4 spacious fully-furnished two-bedroom / one-bathroom homes situated in a quiet, private setting off the back road in Nikao. The perfect spot for accommodating long-term or short-term visitors, with arrival numbers to Cook Islands at an all-time peak! 

Conveniently located within just a few minutes’ drive to the airport, primary & secondary schools, Rarotonga hospital, and only 10 minutes’ drive from the main business & commercial hub of Rarotonga.

Each unit has a well-equipped modern kitchen opening onto a comfortable living area which looks out onto beautiful lush surroundings.  Designed with a covered verandah at each front door entrance, and timber deck at the rear.

The garden area is currently partitioned for each unit however could be combined and developed into a very special area with swimming pool for use as a tourist motel or apartment complex.

Plenty of communal parking for multiple vehicles at the front of the complex, positioned at the end of a 200-metre long right-of-way driveway.  Ample room to add a reception/office/day room with parking facility.

These units are currently being used as long term rentals and are sold with all furnishings & furniture in place should the new owners wish to continue to gain an attractive income from the property.

This property offers multiple options and caters exceptionally well to the current high demand for tourist short-term lets or long-term rental accommodation.

Options

This commercial property offers 3 attractive options:

  • Use the property as your own private haven for the family to enjoy in one of the world’s most natural untouched paradises, only a short flight from New Zealand or Australia
  • Use the full property as an income source with current long-term tenants already in place.  This property caters exceptionally well to professionals working in the vicinity in neighbouring schools, hospital, airport and businesses in town.  Possibility also exists to use the complex as short-term tourist accommodation with the additional of a swimming pool/common garden area at the front of the units, and a reception/ office at the front of the property.
  • Do both.  Live in one unit and rent out the others

Additional details

  • Recently built in 2016 to high building standards and quality workmanship
  • Units have combined interior floor space of 270sqm and outside space of 152sqm
  • Louvered windows installed to maximise airflow
  • Insect screens installed on all windows
  • Full tile floor finish throughout
  • 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 4 plastic water tanks
  • Quality fittings and fully furnished
  • Ample parking at the front entrance of the unit complex

Please contact us at Jeff Tikitau Real Estate for more information or to arrange a private viewing of this superb turn-key investment property.

Rarotonga Motel Accommodation Complex For Sale
South Pacific Business Opportunity

Features At A Glance

  • Leasehold Ownership (58 years)
  • 1/3rd acre commercial section of 1,389sqm
  • Modern complex of 4 x 2-bedroom/1-bathroom units with covered outside space
  • Well-equipped modern kitchens
  • Central location close to town,schools and amenities
  • Insect screens installed on all windows
  • Solar panel system for hot water
  • Ample parking at front entrance of the complex
  • Sold complete with quality furnishings and furniture

Area Profile

Leaving the main town of Avarua in the North of Rarotonga heading West along the back road to the villiage of Nikao.

This location offers the convenience of being close to town without being amidst the local ‘bustle’.

It is very handy to schools, Rarotonga Hospital, Rarotonga Airport, and the growing number of amenities along the main road as you head towards the main town centre from the airport.  Along the coastal road to town you will find cafes, a beach bar & restaurant, a local fish shop, and CITC food, liquor and building supplies stores.

Nikao Accommodation Units

Cook Islands Property Investment
Real Estate Rarotonga Investment Opportunity

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

Jeff Tikitau Real Estate Cook Islands

Your Cook Islands Real Estate Specialists

Real Estate Federation

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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