Hero Image

Kaikoura, 1 Torquay Street

Commercial Investment

$650,000 Plus GST (if any)

Listing Number: KD5897
About this listing
Golden opportunity to secure the freehold of an extremely popular tourist business . The business owners have a strong lease in place and an invested interest in their very popular business "Albatross Backpackers "
Set on 1258sqm and located on a large central corner site in Torquay st , they enjoy the energy of the surrounding busy tourist hub of Kaikoura . The building once the old Post Office is iconic to Kaikoura has been restored within its own character and the individual flair throughout the property presents a warm welcoming selection of rooms and dorms to suit all budgets . The property is licensed for 42 guests .
Solid commercial investment for the astute buyer .
Property Information
  • Approx Floor Area: 200 sqm
  • Land Size: 1258 sqm
  • Tenure: Fee Simple
  • Property Type: Tourism / Motel / Hotel
  • Property Features: The property incorporates a series of historic buildings (ex Post Office) converted into a backpackers certified for up to 42 guests., Building Name: Albatross Backpackers
  • Tenancy: Additional Details: Rates $5147.48
  • Tenancy 1: Area Sqm: 1258, Commencement Date: 2010-10-01T00:00:00.0000000, Expiry Date: 2025-10-01T00:00:00.0000000, Review Dates: 1st Oct 2013/2016/2019/2022/2025, Rights of Renewal: 4 of 3 years, Tenant Name: Kaikoura Backpackers Kaikoura Ltd, Term (years): 3 years

Contact Details

Kaikoura

Marlborough Real Estate 2008 Ltd

Licensed REAA 2008

94 Beach Rd
Kaikoura
Office website

Property Location

Property Search

  • to