Kaikoura Peninsula, South Island
Motel Leasehold for Sale in Beautiful Coastal Kaikoura
SOLD
Business Description
Nestled in the picturesque coastal town of Kaikoura, this exceptional motel offers an exciting chance for those looking to enter the hospitality industry. Kaikoura is a thriving tourism destination attracting over 350,000 visitors annually, and benefits from strong summer trading, tapering off over winter. This is a great leasehold business for either a seasoned motelier or someone looking to try their hand in the sector.
Property Highlights:
-20 Motel Units: A versatile mix of two-bedroom, one-bedroom, and studio apartments to cater to diverse guest needs.
Motel units have 3 accessible units, 11 units with spa baths. All have kitchen facilities, larger units with full kitchens.
-Conference room for business events and meetings.
-Heated swimming pool, High-speed internet and Sky TV in all units
-Owners Quarters: A contemporary three-bedroom apartment, two bathrooms, connected to the reception area, has two office spaces.
-Double glazing in all rooms
-Recent Upgrades:, All rooms have new king or queen beds, freshly painted interiors and exteriors and new blinds/ curtains and carpets throughout the majority of the property.
-Leasehold: 16 years remaining, with pricing reflective of the lease term.
Location:
Kaikoura is a premier tourist destination known for its stunning natural beauty and rich marine life. Renowned for year-round whale watching, visitors can also enjoy seal colonies, dolphin swimming, and deep-sea fishing. The dramatic landscapes combine ocean and mountain views, with the Kaikoura Peninsula Walkway offering breathtaking vistas. The town is famous for its fresh seafood, particularly crayfish, and has a rich Maori cultural heritage. Committed to eco-tourism, Kaikoura provides a variety of sustainable, nature-focused activities, making it an ideal spot for visitors from all over the world.
If this sounds like you, this well-maintained property is ready for you to step into.
For more information or to arrange your private viewing, please contact specialist Accommodation Business Broker, Tracey Green on + ---------- 10 or email ----------
Business Summary
Key Investment Insights
AI generated. Confirm details with the seller.
1. Established 20 unit leasehold motel in Kaikoura, a tourism destination attracting more than 350,000 visitors annually.
2. Diverse accommodation mix includes two bedroom, one bedroom and studio apartments, catering to varied guest requirements.
3. Three accessible units and 11 spa bath units provide additional accommodation features for guests.
4. Conference room, heated swimming pool, high speed internet and Sky TV enhance the guest offering.
5. Contemporary three bedroom, two bathroom owners’ apartment includes two offices and connects directly to reception.
6. Recent upgrades include new beds, refreshed paintwork, new window coverings and carpets throughout most of the property.
7. Double glazing in all rooms supports the property’s updated accommodation offering.
8. Sixteen years remain on the lease, with pricing stated as reflective of the remaining lease term.
