512 Kerikeri Road, Kerikeri, North Island
Kauri Park Motel A Premier Opportunity
NZD $850,000
Business Description
Invest in Excellence: The Top-Rated Motel in Kerikeri
Asking Price: $850,000. Leasehold Interest
Seize the opportunity to own the leasehold interest in Kauri Park Motel, a high-performing accommodation business with a stellar reputation. Perfectly positioned on the entrance road to Kerikeri, this property is nestled within two hectares of lush, subtropical park-like grounds, offering a serene escape for both corporate clients and leisure travellers.
The Business: Proven Success & Prestigious Standing
Kauri Park Motel isn’t just a business; it’s a market leader.
#1 Ranked Motel in Kerikeri on TripAdvisor.
Qualmark 4-Star-Plus Rated, reflecting superior self-catering standards.
High Occupancy: Currently operating at a consistent 70%+ occupancy rate.
Modern Infrastructure: Features two bio-sewage systems and a solar power system to significantly offset operational expenses.
The Property: Premium Facilities
12 Versatile Units: A mix of Executive, Premium, and Spa Studios, plus one and two-bedroom apartments—accommodating up to 34+ guests.
Owners' Sanctuary: Includes a comfortable 2/3-bedroom owner's residence with a private garden.
Guest Amenities: A feature swimming pool, meeting room for up to 10 people, guest laundry, and TVs with 50+ Sky channels in every room.
Operations: Supported by casual cleaning staff, making for a smooth transition for new management.
Investment Summary
Asking Price Range: $850,000.
Lease Term: Secure 24 year term remaining on the existing lease (with an option for more)
Don't miss out on Kerikeri's finest accommodation investment. Move to the sunny Far North - bring your own boat.
Make contact today for a confidential discussion
Business Summary
Key Investment Insights
1. Asking price NZD $850,000 for the leasehold interest, business value listed as $0, indicating purchase is for leasehold rights rather than freehold assets.
2. Secure lease structure, 24 years remaining on the existing lease with an option for extension, supporting medium to long term investment stability.
3. Market-leading reputation, ranked #1 motel in Kerikeri on TripAdvisor, signalling strong online reviews and brand strength.
4. High quality accreditation, Qualmark 4-Star-Plus rating, reflecting superior self-catering standards and likely appeal to discerning guests.
5. Strong occupancy performance, consistently operating at 70%+ occupancy, demonstrating robust demand and cash flow potential.
6. Efficient cost management features, on-site solar power and two bio-sewage systems to materially reduce energy and waste treatment expenses.
7. Versatile accommodation mix, 12 units including Executive, Premium, Spa Studios and one and two-bedroom apartments, capacity for 34+ guests to serve diverse market segments.
8. Owner’s accommodation included, a 2/3-bedroom residence with private garden, useful for owner-operator model or live-in management.
9. Guest amenities that enhance yield and guest satisfaction, feature swimming pool, meeting room for up to 10 people, guest laundry, and TVs with 50+ Sky channels in every room.
10. Operationally straightforward handover, supported by casual cleaning staff, facilitating an easy transition for new management.
11. Premium site appeal, located on the entrance road to Kerikeri within two hectares of subtropical park-like grounds, offering a tranquil setting attractive to both leisure and corporate travellers.
