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KAIKOURA: New 12 Unit Complex Close To Completion. Motivated Vendor. New Lease $475,000 or FHGC $2,250,000 Negotiable - Present All Offers!

$475,000 Plus GST (if any)

KAIKOURA: New 12 Unit Complex Close To Completion. Motivated Vendor. New Lease $475,000 or FHGC $2,250,000 Negotiable - Present All Offers!
  • KAIKOURA: New 12 Unit Complex Close To Completion. Motivated Vendor. New Lease $475,000 or FHGC $2,250,000 Negotiable - Present All Offers!

About the business

Cash deposit of only $250,000 will purchase this lease, with the vendor offering generous finance for the balance.  Vendor may also consider a property trade.  Major price reduction for genuine sale. 

This new 12 unit motel is located in a prime location very close to the town centre. This motel is aimed at the top end of the market, having an excellent mix of units. A good number of the units will have spa baths, a popular attraction for guests and commanding a premium tariff.  All units will be fitted out to the most modern and upmarket standard, including all having air conditioning.

Site is generous at 1,600 sqm, providing a spacious environment. This, combined with an excellent aspect makes this motel most appealing from the street and of course appealing to stay in. Capping off the package is a spacious residence, with internal access double garage and master bedroom with en-suite with spa bath.

A fair tiered rental structure is offered for the lease option, to recognise the start up period, providing the operator with all the right ingredients for success.  The lease is very attractively priced at just $475,000 or alternatively the freehold going concern is available.

The vendor is happy to offer finance of up to 50% of the purchase price at 7.5% interest.  Alternatively, your house may be the deposit required.

We would welcome your enquiry on this motel for sale in Kaikoura via this website or by phoning KELVYN COFFEY on 0800 263339, DDI 03 550 0459 or 027 432 0565.

 


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Kelvyn Coffey
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Listing Number 2441

Listed 23 Feb 2012   90 Views

Agents Details

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Kelvyn Coffey
Coffeys Tourism Property Brokers Ltd

Licensed: REAA 2008 Christchurch

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