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Motel Leasehold in Beautiful Coastal Kaikoura

Churchill Street , Kaikoura

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$790,000 Plus GST (if any)

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Listing # 73198 | Listed on 4 June 2024

Nestled in the picturesque coastal town of Kaikoura, this exceptional motel offers an exciting chance for those looking to enter the hospitality industry. Kaikoura is a thriving tourism destination attracting over 350,000 visitors annually, and benefits from strong summer trading, tapering off over winter. This is a great leasehold business for either a seasoned motelier or someone looking to try their hand in the sector.


Property Highlights:

  • 20 Motel Units: A versatile mix of two-bedroom, one-bedroom, and studio apartments to cater to diverse guest needs.

  • Motel units have 3 accessible units, 11 units with spa baths. All have kitchen facilities, larger units with full kitchens.

  • Conference room for business events and meetings.

  • Heated swimming pool, High-speed internet and Sky TV in all units

  • Owners Quarters: A contemporary three-bedroom apartment, two bathrooms, connected to the reception area, has two office spaces. 

  • Double glazing in all rooms

  • Recent Upgrades:, All rooms have new king or queen beds, freshly painted interiors and exteriors and new blinds/ curtains and carpets throughout the majority of the property.

  • Leasehold: 16 years remaining, with pricing reflective of the lease term.


Location: 

Kaikoura is a premier tourist destination known for its stunning natural beauty and rich marine life. Renowned for year-round whale watching, visitors can also enjoy seal colonies, dolphin swimming, and deep-sea fishing. The dramatic landscapes combine ocean and mountain views, with the Kaikoura Peninsula Walkway offering breathtaking vistas. The town is famous for its fresh seafood, particularly crayfish, and has a rich Maori cultural heritage. Committed to eco-tourism, Kaikoura provides a variety of sustainable, nature-focused activities, making it an ideal spot for visitors from all over the world.

If this sounds like you, this well-maintained property is ready for you to step into. 

**Vendor finance available on application**

For more information or to arrange your private viewing, please contact specialist Accommodation Business Broker, Tracey Green on +64 022 410 8710 or email tracey@tourismproperties.com


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