DEADLINE SALE: WED 18 DECEMBER CKT 5PM
VENDOR CONSIDERING ALL OFFERS OVER
DEADLINE SALE: ALL OFFERS CONSIDERED OVER $1,200,000 (+VAT IF ANY).
ALL OFFERS MUST BE SUBMITTED BY WEDNESDAY 18 DECEMBER CKT 5PM.
Seize the opportunity to own a commercial roadside building with adjacent vacant beachfront section, ideally located on the sunset coast of Rarotonga.
Situated in the sought-after village of Arorangi and just 15 minutes drive from Avarua township, this property presents an appealing investment in a prime location.
The beachfront leasehold section spans a generous 1388sqm with a lease term of 60 years expiring in June 2066. Additionally, the main road frontage section offers 875sqm for a 60-year lease term expiring in December 2063.
The commercial roadside building features 300sqm of retail and warehouse space, currently operating as a trading store for household furniture goods. It showcases large double wooden entrance doors, high ceilings, and an open interior design. In addition to its remarkable features, the building boasts a generous parking area, further enhancing its appeal. With a storied past as a former supermarket, this commercial space holds significant potential for diverse ventures.
Furthermore, the premises includes three self-contained accommodation units on the west end, covering a total of 360sqm across a 2-storey layout. Villa A offers 98sqm of living space, Villa B offers 88sqm, and the Loft Villa with a mezzanine floor spans 174sqm.
All retail and commercial spaces, along with the villas, underwent considerate renovations in 2017.
Don’t miss out on the chance to seize this exceptional roadside-to-beachfront property and unleash its full potential for both commercial and residential purposes!
Get in touch at Jeff Tikitau Real Estate for further details!
Main Road, Avarua, Rarotonga, Cook Islands
+682 53659