EXCLUSIVE LISTING

POPULAR TOWN CAFE IN HEART OF DOWNTOWN AVARUA

Property ID: JT026

About the business

Reduced to NZ$339,000 + VAT* + SAV

*Value added tax is calculated at 15% and is reclaimable

Here's a fabulous opportunity to own a very popular café on the main street town with vibrant tropical oasis feel!

Exceptional turn-key investment opportunity with huge potential!

The New Place Café has a fantastic location on the main shopping street of downtown Avarua. It is a favorite of locals and tourists alike and close to lots of stores that help to create a vibrant shopping area. Views of the ocean can be enjoyed from the upper deck and there is a stunning view of the mountain from the rear.

The building is a historic colonial style house dating back to the 1920’s. The café features a large covered outdoor dining area centred around a Golden Cassia tree and beautiful mosaic water feature. Lush plants and banana palms add to its vibrant tropical oasis appeal. Plenty of seating available for 50+ persons.

Featuring a large bar area, two large kitchens, office, and a one-bedroom apartment to the rear, which is ideal for a live-in manager.

There is also a large interior space currently unused which offers huge potential and an ideal spot for a delicatessen, retail store or gallery. Lots of parking available.

A great menu is on offer with modern healthy island cuisine including vegetarian and vegan options as well as fresh local fish dishes.

Excellent management systems are in place, making this business very profitable and easy to run.

Very good lease term available with a further right of renewal until 2021, and there is opportunity to roll-over for a further 3+3+3 years thereafter.

Don't miss this chance! This superb café business could be yours!

Please contact us at Jeff Tikitau Real Estate for more information on this fabulous opportunity

Buyers and Investors looking for a business for sale in Rarotonga
The New Place Cafe Restaurant food in Rarotonga Cook Islands
Modern Healthy South Pacific Island Cuisine

Features At A Glance

  • Renewable lease currently running until 2021 with opportunity to roll-over for a further 3+3+3 years thereafter
  • Fantastic main street location in the heart of downtown Avarua
  • Situated in a 1920s historic colonial house, substantially renovated
  • View of ocean from upper deck, and view of mountain from rear
  • Large covered patio areas for alfresco dining, featuring a golden cassia tree & mosiac water feature
  • Loads of unused interior space offers huge potential to further develop
  • Seats 50+ persons comfortably
  • 2 large kitchens
  • 1-bedroom apartment at the rear of the café
  • Ample parking available
  • Excellent management systems in place
  • Current liquor licence
  • Huge potential to expand hours of service
  • Reputation for great food, coffee, value, and service

Area Profile

Avarua is the main town and busy commercial centre in the north of the island of Rarotonga, and is the national capital of the Cook Islands.  In downtown Avarua you will find a hub of stores and businesses including banks, supermarkets, petrol station, a main department store and 2 warehouses, Police Station, Post Office, Courthouse, Cinema, and the largest Saturday market on the island ‘Punanga Nui’ near the commercial port at Avatiu Harbour.

The New Place can be easily found along the main commercial strip of retail stores between Goldmine Jewellers and Fave Designs Clothing Outlet. On the other side of Goldmine Jewellers is Vonnia’s General Store, Jetsave Travel/Western Union, and Federal Pacific Insurance.  CITC Foodland and Bank of South Pacific are a little over 100 metres away.

There is plenty of parking available for diners and shoppers.

Put Address Here

Cook Islands Cuisine South Pacific Restaurant Cafe
Prime Location on Main Front Road of Downtown Avarua

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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