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:
1. Prime location in the popular tourist destination of Kaikoura, known for its stunning natural beauty and rich marine life.
2. Strong summer trading with over 350,000 visitors annually, providing a steady stream of potential guests.
3. Versatile mix of 20 motel units, including accessible units, units with spa baths, and units with full kitchens.
4. Additional amenities such as a conference room, heated swimming pool, high-speed internet, and Sky TV in all units.
5. Contemporary three-bedroom owner's quarters with two bathrooms and two office spaces.
6. Recent upgrades including new beds, fresh paint, and new blinds/curtains and carpets throughout the majority of the property.
7. Leasehold property with 16 years remaining, priced accordingly.
8. Kaikoura is committed to eco-tourism, providing a variety of sustainable, nature-focused activities for visitors.
9. The town is famous for its fresh seafood, particularly crayfish, and has a rich Maori cultural heritage.
10. Ideal opportunity for a seasoned motelier or someone looking to enter the hospitality industry.
