South Island 5 Star Management Rights and real estate opportunity for sale by Adam Berry of Coffeys New Zealand.
Kaikoura is one of the most breathtaking locations of any town in New Zealand for a hospitality business. This property offers executive style accommodation comprising of 12 luxury two bedroom apartments under long term management contracts.
These dual key apartments can be let as 2-bedroom apartments or 1-bedroom and studio rooms allowing a possible 24 units for the letting pool. Situated right next to Kaikoura Golf Club, beach across the road and less than 5 mins drive from Kaikoura township. This is an ideal option for couples and families wanting a relaxing Kaikoura holiday retreat or those en-route between Picton, Nelson, Marlborough and Christchurch on their South Island tours.
The freehold investment in the manager’s 4-bedroom modern architectural home, which includes the reception and laundry room, a lovely sunny outdoor area with pergola and boxed vegetable gardens, is also included in the sale price.
Original owner of 8 years are keen to achieve a sale. With the property currently under management, there is the opportunity for growth for a new hands on owner/operator.
We see this is a rare South Island 5 Star Management Rights opportunity with freehold investment included. Easy to operate being mainly web based and wholesale bookings, allowing further lifestyle choices.
See also:
5 star investment and development opportunity at The Langham Auckland
Manata Lodge - Freehold Investment is for sale in Queenstown, NZ