Kaikoura, South Island
Great Entry Level Business Lease
Business Lease $450,000
Business Description
THE PROPERTY
Kaikoura Motor Inn offers 18 well-appointed units, including 11 two-bedroom units, 1 one-bedroom unit, and 6 studio units. This accommodation mix ensures exceptional flexibility, catering to a wide range of guests, from families and couples to solo travellers, with comfort and convenience.
OWNERS ACCOMMODATION
The owner's residence is a comfortable three-bedroom, two-bathroom home situated away from the main road (State Highway One) and spanning two levels. Offering ample space and convenience, the home includes an internal access single garage. The reception area is conveniently located nearby, allowing for easy access from the living quarters and ensuring a smooth operational flow for the operator.
LEASE
A new 35-year lease at the time of settlement.
GENERAL COMMENTS
The current owners have had numerous upgrades, including heat pumps and a HRV system throughout and new kitchens have been installed in the majority of the units.
LOCAL AREA
Kaikoura is a top choice for both local and international visitors, renowned for its striking natural beauty and wide variety of activities. Famous for its whale watching experiences and picturesque coastal walks, the region appeals to those in search of both adventure and tranquillity in a stunning setting. With its abundant marine life, dramatic mountain ranges, and pristine coastline, Kaikoura provides a truly memorable experience for outdoor enthusiasts and nature lovers.
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 this Business Lease of Kaikoura Motor Inn for sale in Kaikoura via our website or by phoning ANTHONY DAWSON on DDI ---------- or ---------- .
Business Summary
Key Investment Insights
1. Well-established business with 18 well-appointed units, catering to a wide range of guests.
2. Flexible accommodation mix, including two-bedroom units, one-bedroom units, and studio units.
3. Comfortable and spacious owner's residence with three bedrooms and two bathrooms.
4. Convenient location away from the main road, with easy access to the reception area.
5. New 35-year lease at the time of settlement.
6. Recent upgrades, including heat pumps and a HRV system throughout and new kitchens in the majority of units.
7. Located in Kaikoura, a popular tourist destination known for its natural beauty and variety of activities.
8. Renowned for its whale watching experiences and picturesque coastal walks.
9. Appeals to both adventure seekers and those in search of tranquillity.
10. Abundant marine life, dramatic mountain ranges, and pristine coastline offer a memorable experience for outdoor enthusiasts and nature lovers.
11. Confidential details can be disclosed upon completion of a confidentiality agreement.
12. Information Memorandum available on the website.
13. Enquiries can be made through the website or by phone.
