Do you have the recipe for success?
401, Ariki Street, Karapiro, Waipa
- Proposed Usage
- Development Site
- Floor Area
- 591.00 m²
- Property ID
Asking price plus GST (if any).
Nestled in the Karapiro village overlooking the Lake this cafe/restaurant with adjoining apartment provides an excellent opportunity for a new occupier to add their own recipe for success.
The property is offered to the market as a turn-key set up including all kitchen cooking equipment, stainless steel benches, walk in chiller, free standing chillers and freezer units, cutlery, glasses, dining tables and chairs. The building features a front entrance with separate bar/waiting area, a main dining area and adjoining conference room plus a comfortable two bedroom apartment providing managers or staff accommodation. Other features include timber floors with exposed timber ceilings, 'Living Flame' gas fire with Schist Stone surround in the bar and restaurant, separate office and an outside deck. Guests enjoy panoramic views of Lake Karapiro and surrounding areas and there is plenty of parking available.
Karapiro village is located just off State Highway One and approximately 10 minutes' drive from Cambridge. Lake Karapiro is one of the world's leading rowing courses and hosts several regattas each year ranging from school events to national and international championships. One of the biggest annual regattas is the Maadi Cup Secondary School championships, held every second year attracting up and coming rowers from the entire country.
The 96-megawatt Karapiro Power Station is located adjacent to the dam at the head of the lake, and is the eighth and last hydroelectric power station located on the Waikato River. The subject property was part of the original site of the administration headquarters for the building of the Karapiro Dam which was built between 1939 and 1947 and still houses some components of that building today.
Contact the listing agent for more information or to arrange an inspection. You will not be disappointed.
For Sale or Lease by Expressions of Interest closing 4pm 19th of October 2017 (unless sold or leased prior).