Coffeys - Tourism Property Brokers ltd. | LREA

30 years in business. 1984 - 2014

New Motel Lease - Affordable Opportunity

Kaikoura

Reference: 2294

Business Lease $330,000

It is rare to have the opportunity to purchase a new 30 year lease of a well presented 12-unit motel at this level.

This complex enjoys a high profile position on State Highway One, with a land area of 3,758sqm. 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 managers 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 a lot of visitors to the area.

If you are in the market for an affordable motel complex, this opportunity should definitely not be missed.

We would welcome your enquiry on the Business Lease at $330,000 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.

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