Ad ID: 104537

Freehold Modern Luxury Motel for Sale Kaikoura

Freehold Modern High Profile Luxury Motel

Land, Buildings and Business $2,950,000

Business for Sale Description

Freehold Modern Luxury Motel for Sale Kaikoura

Big price reduction here! This property was brought to the market for $4,000,000 before lockdown last year, subsequently withdrawn. The owner is a developer who likes to keep trading and doesn\'t plan to sit still. Our instructions are to sell this property, so this could be your opportunity to pick up a strategic asset at an opportune price.

First impressions count and this motel has that in spades. Guests are greeted by a large and professional reception area, providing a real point of difference and a great welcome.

The property has recently undergone a number of enhancements, providing an environment to keep the guests coming back. Spacious studio units open out to either a balcony or a sunny and sheltered courtyard. A large enclosed barbecue area provides outdoor space and seating.

The operator also enjoys the benefits of the property, with a spacious two bedroom (both ensuite) private apartment, with stunning views of the rugged Seaward Kaikoura Mountains from the sunny balcony.

Lockdowns aside, Kaikoura has continued to trade better than most would have expected. New Zealand has enjoyed reasonable winter trade with everyone unable to leave the country. Kaikoura has the benefit of being on State Highway One.

A well maintained and beautifully presented property, offering good revenue and profitability, with potential to grow even further in terms of revenue and capital value, especially at this price!

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.

We would welcome your enquiry on the Land, Buildings and Business 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: NM194

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