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1164 State Highway 1, Otaki, Kapiti Coast, Wellington, 0 bedrooms, 0浴, Retail Property
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By Negotiation

1164 State Highway 1, Otaki, Kapiti Coast, Wellington

270m2
6102m2
school zone
$7,812/Monthly repayments
Based on estimate value

Only once in a lifetime does a superb commercial hospitality prospect like this come about - located at the northern fringe of the Kapiti Coast with no competitors for miles.

Ample off-street parking, extraordinary bloom-filled gardens, 150 seats inside and out and frequented by loyal customers and passers-by. The exponential growth of local population is evident and with the proposed plan for thousands of new homes for new permanent coastal residents - the sky is the limit.

Having built a reputation as one of the best and largest commercial restaurant spaces in the outer Wellington region, this is your reason to go for a drive. Fully licensed, and strategically located as the first and last stop before the nearly completed expressway.

Set in idyllic countryside, a large cottage garden and seating area embrace the 270 sqm restaurant. Bamboo and magnolia trees line the stream behind - providing shady spots to dine in comfort. Ample room for patrons to spread out in bubbles, safe for children to roam, feed the eels and smell the roses.

Many long afternoons have been spent with family and furry friends. Thousands have come for intimate evening meals around the open fire, a true destination of olde-world charm.

2020 presented opportunity for extensive wiring upgrade and a stunning refinish on the dining floor. There's opportunity to live onsite with a residential mortgage or to rent to a trusted employee.

There's potential for expansion of opening hours to maximise turnover or reduce wages as head chef and maitre d' as an owner operator. The list of chattels is exhaustive.

Close to 5,000 online devotees follow the culinary delights Quarter Acre has built a reputation upon. Current owners' passion and skill have fostered this exemplary hospitality landmark over twelve years, ready for the next astute owner/operator to reap the rewards.

Situated on two titles, with a combined land area of 6102 sqm - rurally zoned, there is a dizzying range of possibilities.

Price on application.

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Property history

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For developers

Unitary plan:-
Land:6102m²
Title:Freehold
Zoning
Underground
Contour
State houses
Flood zone

Mortgage

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Last update:2023-03-11 17:55:33