7 State Hwy 1 Waiouru | Barfoot & Thompson

7 State Hwy 1, Waiouru

For sale by negotiation

BUSY CAFÉ AND ACCOMMODATION ON STATE HWAY 1


This well presented property is part of a very popular eatery and accommodation complex, with high exposure and great passing traffic daily. The property has an IEP rating of 100% NBS.

The property incorporates three components:
• Café Express
• Italian Food
• Accommodation

Accommodation includes:
• Two bedroom apartment at the rear of the main building
• Two bedroom self-contained unit
• One bedroom self-contained unit
• Three separate bedrooms with shared bathroom and toilets

The total floor area is 602m² situated on 784m² of Freehold land.

Being in a unique location, these businesses don't depend on international tourism. During all four seasons, Café Express and Italian Food get very busy, catering to local customers, New Zealand Army, military contractors, truck drivers and various travellers making a stop for a nice meal before they enter the tourism area with higher costs.

Rental accommodation at an affordable rate is in a high demand in this region.

Waiouru is a lovely small town, centrally located off SH1 halfway between Auckland and Wellington. There are no famous attractions in the town, besides the National Army Museum; but its strategic location at the foot of Mt Ruapehu with easy access to Tongariro National Park provides essential traveller services such as service stations, cafés and motels.

A Freehold Going Concern at approximately $900,000 - this property (with a profitable business and a strong goodwill) is an extremely rare find for a savvy investor.

For further information or to arrange a viewing, contact the sole agents:

Jane Chen - 0275 486 749 / j.chen@barfoot.co.nz
Raja Ritesh - 021 073 6559 / r.ritesh@barfoot.co.nz

Property details

Location:
7 State Hwy 1, Waiouru
Land area:
784 m²
Accomodation:
Yes
Property ID:
84904

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