Everything has been done here at this classic 1960's property. Consisting of a two bedroom residence and four self-contained units, which are returning $1,200.00 + gst per week with each paying their own separate power accounts. You could easily revert to a nightly rate for Airbnb or motels if you require.
The location on Beach Road makes it ideal for always being full as close to the local supermarket and town's cafes and bars. There are mountain views from all of the units with a sunny, north facing aspect. The units are fully furnished with new, modern appliances, new carpets and freshly painted walls. This property includes a large chattels list as part of the sale. The main dwelling has two bedrooms with a large grassed, private front yard, which could be rented out as well. The complex has its own coin operated laundry, consisting of commercial grade dryer and washing machine that runs at a profit also.
This property could suit an investor, large extended family or someone wanting to earn an income whilst sitting back and enjoying the lifestyle Kaikoura has to offer.
For a viewing, call today. Priced at $695,000 + GST if any.