Ad ID: 90318 Inactive

Motel for Sale Kaikoura

Price Reduced - Good Performing Property

Business Lease $550,000

Business for Sale Description

Motel for Sale Kaikoura

WOW anticipated Australian bubble will surely boost trading. This Kaikoura property is now available at $550,000 so great opportunity to take advantage of influx of Aussies.

This complex enjoys a high profile position on State Highway One, with a land area of 3,758 sqm. Guests have pedestrian access at the rear of the property directly to the beach. A significant amount of new commercial development has been undertaken in recent years, providing easy access to supermarket, cafes & bars and other retail establishments.

The large area of land affords the luxury of all units being ground floor. The owners have done a great job of refurbishing the property, along with installation of many new chattels and furnishings. There is a separate three-bedroom manager\'s residence with its own private fenced off outdoor area.

The seaside settlement of Kaikoura is situated midway between Christchurch and Picton and capitalises on the Inter Island Ferry traffic. The passing traffic is high but the tourist activities that Kaikoura offers, such as the world renowned Whale Watch, is a huge draw card for many visitors to the area.

The current owners have rejuvenated this property and have it running very profitably. Enjoy the benefits and seize an opportunity to join the high profile hospitality industry.

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 this website or by phoning INKY STOVE on 0800 263339, DDI 03 550 0471 or 021 182 6940.