- Land Size: 1258 sqm
- 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
- Zone: 8A
- Tenure: Fee Simple
- Tenancy: Additional Details: Rates $5147.48
- Tenancy 1: Area Sqm: 1258, Commencement Date: 01 October 2010, Expiry Date: 01 October 2025, 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
About this listing
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 and has been restored within it's 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.