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 JAN GRANT on DDI ---------- , ---------- or ANTHONY DAWSON on DDI ---------- or ---------- .
Business Summary
Key Investment Insights
1. The business for sale is Kaikoura Motor Inn, which offers 18 well-appointed units including two-bedroom, one-bedroom, and studio units.
2. The accommodation mix caters to a wide range of guests, from families and couples to solo travelers.
3. The owner's residence is a comfortable three-bedroom, two-bathroom home located away from the main road.
4. The lease for the property is for 35 years at the time of settlement.
5. The current owners have made upgrades to the property, including heat pumps and a HRV system, and new kitchens in most units.
6. Kaikoura is a popular destination for both local and international visitors, known for its natural beauty and variety of activities.
7. The region offers opportunities for both adventure and relaxation, with whale watching experiences and coastal walks.
8. The area is also known for its marine life, mountain ranges, and pristine coastline.
9. Some details of the listing are confidential and can only be disclosed after signing a confidentiality agreement.
10. Interested parties can inquire about the business by contacting Jan Grant or Anthony Dawson via phone or the website.
