Carterton, North Island
Investment and Lifestyle Opportunity
Land, Buildings and Business $2,200,000
Business Description
Matador Motel presents a compelling opportunity to acquire a well-established accommodation asset in the heart of the Wairarapa. Purpose-built with distinctive Spanish-influenced design, it occupies a prime central Carterton location, just a 3-minute walk from the Events Centre, retail, cafes and restaurants.
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 & underlying land ownership.
Carterton is in the centre of the Wairarapa, a 10-minute drive south of Masterton, at the foot of the Tararua Forest Park. Known as the daffodil capital of New Zealand, it is within New Zealand's second dark sky reserve.
The motel has 11 well-equipped ground level units, a heated saltwater swimming pool, off-street carparks and space next door for trucks. A virtual tour of the rooms is available on their website www.matadormotel.co.nz.
Regular bookings from Massey University, sports teams, truck drivers, road workers. Free independent travellers (FIT) & families come to the 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 3-bedroom residence with reception area connected is at the front of the property. Storage shed & container storage/workshop at the rear of the property.
Please be aware that some of this information may have been sourced from RPNZ/ Property Guru/ Land Information NZ and we have not been able to verify the accuracy of same.
An Information Memorandum is available 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. Prime central Carterton location, three-minute walk to the Events Centre, retail, cafes and restaurants.
2. Purpose-built motel with distinctive Spanish-influenced design, offering a unique marketable character.
3. Owner-occupier friendly setup, live and work on site with a three-bedroom residence and no landlord or lease obligations.
4. 11 well-equipped ground-level units, suitable for families, FITs and short-stay guests.
5. Heated saltwater swimming pool, off-street carparks and adjacent space for trucks, enhancing guest appeal and operational flexibility.
6. Regular contract and group demand from Massey University, sports teams, truck drivers and road workers, providing steady booking sources.
7. Strong feeder market from Wellington for one-night and weekend stays, supporting occupancy during peak demand.
8. Proximity to regional attractions including Tararua Forest Park, Stonehenge Aotearoa and the dark sky reserve, supporting leisure tourism.
9. Underlying land ownership and included storage shed plus container storage/workshop, adding asset value and operational utility.
10. Virtual room tour available on the motel website, aiding marketing and remote buyer due diligence.
11. Suitable as a hands-on investment combining trading business with residential accommodation, appealing to lifestyle buyers.
12. Some listing information is unverified and additional confidential details require a confidentiality agreement and the Information Memorandum, signalling the need for purchaser due diligence.
