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Property Ref: 73198

Motel Leasehold For Sale in Beautiful Coastal Kaikoura

Property Type: Leasehold Business

Sale Type: Leasehold Interest (Business)

Region: Marlborough

Physical Address: 18 Churchill Street, Kaikoura

Price: Motel Leasehold $ 790,000+GST

Broker: Tracey Green

Mobile: +64 22 410 8710

Email: tracey@tourismproperties.com

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. 

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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73198-Confidential-Financials 2022

73198-Confidential-Financials 2023

73198-Confidential-Lease agreement Gateway Kaikoura

73198-Confidential-Title of lease

We had a one bedroom suite ( double bed and separate bedroom with two singles) with a partial sea and mountain view upstairs. It was a lovely room.
The pool area was clean and had afternoon sun.
It was a short walk into town, either through the park and down the path by St John’s church or along the street in the other direction.
It was the little things that made this accommodation special – the cleanliness, full replacement of all free coffee, tea, milk and biscuits every day, friendly and helpful staff.
There is so much to do in Kaikoura. We’d recommend the peninsular walkway, the seal colonies, visiting the seafood bbq at Amers beach which is a shallow and safe swimming spot and the whale watching. The beach at the south end of town is also safe for swimming and there are some nice cafes on the walk back into town.

 

Really pleased with our choice here. The unit was warm, clean & super comfy bed. It’s worth staying here just for the much needed bath. The little kitchenette area had everything we needed. Just great !

 

Had a lovely stay. Clean, tidy, extra towels, all amenities. Plenty of everything. Quiet room, comfy beds. Close but away from the main road of Kaikoura. Friendly staff. Would highly recommend this Motel

Property Details

Property Type

Leasehold Business

Sale Type

Leasehold Interest (Business)

Region

Marlborough

Physical Address

18 Churchill Street, Kaikoura

Price

Motel Leasehold $ 790,000+GST

Contact Agents

Tracey Green

Tourism, Hospitality & Leisure Business Broker
Kaikoura, Marlborough, Tasman, Nelson & the West Coast
International: +64 22 410 8710
NZ Mobile: 022 410 8710

Email: tracey@tourismproperties.com

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