Kaikoura Peninsula, South Island
Motel Leasehold for Sale in Beautiful Coastal Kaikoura
NZD $790,000
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
Key insights for this business for sale listing include:
1. Prime location in the popular coastal town of Kaikoura, known for its stunning natural beauty and rich marine life.
2. Strong tourism market with over 350,000 visitors annually and a variety of eco-tourism activities.
3. Diverse range of 20 motel units, including accessible units, spa baths, and kitchen facilities, catering to a variety of guest needs.
4. Additional amenities such as a conference room, heated swimming pool, high-speed internet, and Sky TV in all units.
5. Recently upgraded with new beds, fresh paint, and new blinds and carpets throughout.
6. Contemporary three-bedroom owner's quarters connected to the reception area with two office spaces.
7. Double glazing in all rooms for added comfort and energy efficiency.
8. Leasehold business with 16 years remaining, offering a great opportunity for both seasoned moteliers and those new to the industry.
9. Reflective pricing of the lease term, making it an affordable option for potential buyers.
10. Kaikoura's reputation for fresh seafood, particularly crayfish, and its rich Maori cultural heritage make it a desirable destination for tourists.
11. The Kaikoura Peninsula Walkway offers breathtaking views of the ocean and mountains, adding to the town's appeal.
12. Well-maintained property ready for new owners to step in and continue its success.
