Carterton, North Island
FHGC Investment Lifestyle Opportunity - Price Drop
Land, Buildings and Business Now $1,990,000 Was $2,200,000
Business Description
The Matador Motel Carterton presents a compelling opportunity to acquire a well-established accommodation asset in the heart of the Wairarapa. The lifestyle benefits are exceptional - live and work on site with no commute and no landlord or lease obligations.
A true owner-occupier or hands-on investment, combining a proven trading business with residential accommodation and underlying land ownership.
11 well-equipped ground level units, with a heated saltwater swimming pool for guests to enjoy. The motel includes free off-street parking and space next door for trucks.
A 3-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.
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.
Regular bookings come from Massey University, sports teams, truck drivers, road workers. Free independent travellers (FIT) and families who come 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.
Carterton is in the centre of the Wairarapa, a 10-minute drive south of Masterton, situated at the foot of the Tararua Forest Park. Also 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
Key Investment Insights
1. Owner-occupier lifestyle opportunity, live and work on site with no commute and no landlord or lease obligations.
2. Price drop noted, signalling potential for improved value or negotiation leverage.
3. Proven trading motel combined with underlying land ownership, suitable for hands-on investment.
4. 11 well-equipped ground-level units, offering straightforward operations and guest access.
5. Heated saltwater swimming pool, enhancing guest appeal and differentiating the property.
6. 3-bedroom residence integrated with reception, enabling immediate owner accommodation and on-site management.
7. Free off-street parking and adjacent space for trucks, supporting long-stay and commercial guests.
8. Storage shed and container storage/workshop at the rear, providing operational and maintenance flexibility.
9. Prime central Carterton location, approximately a 3-minute walk to the Events Centre, retail amenities, cafes and restaurants.
10. Regular booking sources include Massey University, sports teams, truck drivers, road workers, FITs, families and Wellington weekend travellers, indicating diversified demand streams.
11. Proximity to regional attractions and features, including Stonehenge Aotearoa, Mount Holdsworth, the Tararua Forest Park and New Zealand’s second dark sky reserve, supporting leisure demand.
12. Distinctive Spanish-influenced design and central Wairarapa positioning, offering character and strong location appeal; some listing information unverified and dependent on the Information Memorandum and confidentiality agreement.
