Carterton, North Island
Only Motel in Town
Land, Buildings and Business Offers Over $2,200,000
Business Description
Carterton is in the centre of the Wairarapa. It is a 10-minute drive south of Masterton. Situated at the foot of the Tararua Forest Park.
Carterton is known as the daffodil capital of New Zealand. It is within New Zealand's second dark sky reserve.
The Matador Motel was built in 1976. The exterior design has a Spanish theme.
The motel has 11 well-equipped ground level units. A virtual tour of the rooms is available on their website www.matadormotel.co.nz.
With a heated saltwater swimming pool for the guests to enjoy.
The motel includes free off streetcar parks and space next door for trucks.
There is a three-minute walk to the events centre, shops and cafes.
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.
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.
Some details of this listing are confidential and can only be disclosed upon completion of a confidentiality agreement, included in the Information Memorandum available on our website.
We would welcome your enquiry on the Land, Buildings and Business of this Motel for sale in Carterton via our website or direct to DAMON MACKENZIE: ---------- or ---------- or ---------- .
Business Summary
Key Investment Insights
1. Only motel in Carterton, offering local market exclusivity and likely reduced direct competition.
2. Central Wairarapa location, 10-minute drive south of Masterton, positioned at the foot of Tararua Forest Park for outdoor visitor appeal.
3. Proximity to regional attractions including Stonehenge Aotearoa, Mount Holdsworth and the dark sky reserve, supporting leisure demand.
4. Positioned within New Zealand’s second dark sky reserve, a unique selling point for astronomy and nature tourists.
5. Established property built in 1976 with distinctive Spanish-themed exterior, offering character and potential marketing appeal.
6. Inventory of 11 well-equipped ground-level units, with a virtual room tour available to prospective guests.
7. Heated saltwater swimming pool, enhancing guest amenities and family appeal.
8. Free off-street car parking plus adjacent truck parking, supporting bookings from truck drivers and road workers.
9. Regular corporate and group feed from Massey University, sports teams and road projects, indicating diversified demand streams.
10. Strong feeder market from Wellington for one-night and weekend stays, supporting steady transient occupancy.
11. On-site three-bedroom residence with connected reception, facilitating owner accommodation and on-site management.
12. Rear storage shed and container workshop, offering operational flexibility and asset functionality.
