Ad ID: 102144

Near New 12 Unit Motel for Sale Kaikoura

Near New 12 Unit Motel Great Location

Business Lease $575,000

Business for Sale Description

Near New 12 Unit Motel for Sale Kaikoura

Kaikoura staged a strong recovery post the November 2016 earthquake and following the Covid 19 situation. Accommodation providers in the area are still reporting steady trading results.

This near new 12-unit motel is in a prime location very close to the town centre. The complex is aimed at the top end of the market, having an excellent mix of units. A good number of the units have spa baths, a popular attraction for guests and commanding a premium tariff. All units are fitted out to the most modern and upmarket standard, including all having air conditioning.

The site is generous at 1,600 sqm, providing a spacious environment. This, combined with an excellent aspect makes this motel most appealing from the street and of course appealing to stay in. Capping off the package is a nice 3-bedroom residence, with internal access double garage and master bedroom with ensuite with spa bath.

The motel opened in late September 2019 and traded quite strongly from a standing start.

We believe that at the price being offered and the very fair tiered rental arrangement available, there should be plenty of upside in this for an astute operator.

Please be aware that some of this information may have been sourced from RPNZ/ Property Guru/ Land Information New Zealand and we have not been able to verify the accuracy of same.

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 the Business Lease of this Motel for sale in Kaikoura via our website or by phoning KELVYN COFFEY on 0800 263339, DDI 03 550 0459 or 027 432 0565.
For more info
Contact: Kelvyn Coffey

Kelvyn Coffey

Kelvyn Coffey
027 432 0565 or 03 550 0459
Coffeys Tourism Property Brokers Ltd
Licensed REAA 2008
Broker Ref: NM975

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