Carterton, North Island

New Price: FHGC Motel - Lifestyle Opportunity

Land, Buildings and Business $Offers Over $1.7m

Business Description

The Matador Motel presents a unique opportunity to acquire a well-established accommodation asset in the heart of the Wairarapa. With distinctive Spanish-influenced design, the motel occupies a prime central Carterton location, just a 3-minute walk from the Events Centre, retail amenities, cafes and restaurants.

The lifestyle benefits are exceptional - live and work on site with no commute, no landlord or lease obligations. This is a true owner-occupier or hands-on investment, combining a proven trading business with residential accommodation and underlying land ownership

The motel has 11 well-equipped ground level units and a heated saltwater swimming pool for guests to enjoy. There is off-street parking and space next door for trucks.

Regular bookings come from Massey University, sports teams, truck drivers, road workers. Free independent travellers (FIT) and families come to the Matador Motel to visit the attractions of the Wairarapa including Stonehenge Aotearoa, Mount Holdsworth and the dark sky reserve. Wellington is a great provider of guests to this motel, many for one night or weekend stays.

A three-bedroom residence with a reception area connected is at the front of the property. Storage shed and container storage/workshop is at the rear of the property.

Carterton is in the centre of the Wairarapa, a 10 min drive south of Masterton. Situated at the foot of the Tararua Forest Park and is known as the daffodil capital of New Zealand. It is within New Zealand’s second dark sky reserve.

Please be aware that some of this information may have been sourced from RPNZ/ Property Guru/ Land Information New Zealand and we have not been able to verify the accuracy of same.

An Information Memorandum is available to download from our website coffeys.co.nz.

Some details of this listing are confidential and can only be disclosed upon completion of a confidentiality agreement, included in the Information Memorandum.

We would welcome your enquiry via this website or direct to DAMON MACKENZIE.

Business Summary

Marketing Agent

Damon Mackenzie

Coffeys

Key Investment Insights

AI generated. Confirm details with the seller.

1. Freehold ownership combines an established motel business, residential accommodation and underlying land, with no landlord or lease obligations.
2. Central Carterton location, just three minutes’ walk from the Events Centre, shops, cafes and restaurants.
3. Eleven well equipped ground level units provide guest accommodation, complemented by a heated saltwater swimming pool.
4. Three bedroom residence with connected reception supports living and working on site without a commute.
5. Regular bookings come from Massey University, sports teams, truck drivers and road workers.
6. Independent travellers and families visit for Wairarapa attractions, while Wellington supplies guests for overnight and weekend stays.
7. Off street parking and adjacent space for trucks cater to a range of guest vehicles.
8. Rear storage shed and container storage or workshop provide additional operational space.
9. Distinctive Spanish influenced design gives the motel a recognisable architectural character.
10. Carterton offers access to Tararua Forest Park and New Zealand’s second dark sky reserve, with Masterton ten minutes away.