0800 263 339

Freehold Modern High Profile Luxury Motel

Kaikoura
Reference: 2897
Motel / Motor Lodge
Land, Buildings and Business $4,000,000

This attractive modern 20 unit complex enjoys a high profile main road location in the booming tourist town of Kaikoura.

First impressions count and this motel has that in spades. Guests are greeted by a large and professional reception area, providing a real point of difference and a great welcome.

The property has recently undergone a number of enhancements, providing an environment to keep the guests coming back. Spacious studio units open out to either a balcony or a sunny and sheltered courtyard. Large enclosed barbecue area provides outdoor space and seating.

The operator also enjoys the benefits of the property, with a spacious two bedroom (both ensuite) private apartment, with stunning views of the rugged Seaward Kaikoura Mountains from the sunny balcony.

As with most accommodation providers in New Zealand, a large number of cancellations have been recently received due to the travel restrictions owing to the Coronavirus. We are informed that the vacancies thus created have been largely and quickly filled with new online bookings. This should attest to the strength of the location and the quality of accommodation.

A well maintained and beautifully presented property, offering good revenue and profitability, with potential to grow even further in terms of revenue and capital value.

Please be aware that some of this information may have been sourced from RPNZ/ Property Guru/ Land Information New Zealand and we have not been able to verify the accuracy of same.

We would welcome your enquiry on the Land, Buildings and Business of this Motel for sale in Kaikoura via our website or by phoning KELVYN COFFEY on 0800 263339, DDI 03 550 0459 or 027 432 0565.
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Kelvyn Coffey

Kelvyn Coffey has specialised exclusively in the sale of commercial accommodation businesses since 1984, with the forming of a company then known as South Island Motel Brokers Ltd. The business enjoyed success in the industry throughout the 1980's, with expansion of its activities into hotel brokerage (pubs and taverns) and later general business brokerage.

Having sold his interests in that agency, (which still operates today under a different name) he formed this company in 1995. The reason being that he wished to re-focus on specialising exclusively in travellers’ accommodation businesses. In 1996, he was appointed as the South Island consultant to the Motel Association of New Zealand.

For many years, he provided advice and information to Motel Association of New Zealand members as part of the benefit of their membership.  MANZ merged with Hospitality New Zealand in 2015.   HNZ continues to receive many questions on matters relating to leases, rentals, market trends etc., and he is happy to receive and assist with a steady number of enquiries from the team at HNZ.

Kelvyn also sits on the Industry Advisory Group to the Real Estate Authority for Business Brokerage. The REA is the government body controlling and regulating the Real Estate Industry. They seek advice and feedback from the group, which meets with the authority twice yearly, and consults when required.

From small beginnings in the South Island in 1984, (in those days no one had heard of a specialist “motel broker”), Kelvyn is proud to now run a nationwide company with a brand that is well recognised and respected within the industry throughout New Zealand.  He appreciates his good fortune in having been able to build a team of dedicated and professional brokers with support crew second to none.

Kelvyn has seen the economic highs and lows and is happy to share his experience with anyone contemplating entering the business. He lives in Christchurch, happily married to Colleen since 1988, with four (now adult) children. When time permits, hobbies include cycling (no lycra), snowboarding, photography, reading and hi-fi.

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