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Kaikoura

40 West End, Kaikoura, Kaikoura

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282sqm Land area SQM
306sqm Floor area

Prime central location on West End


Constructed in 2011 to 100% NBS, Bayleys is pleased to present for sale this two-storied commercial opportunity situated right on Kaikoura's prime commercial strip for retail, office and hospitality. The 281sqm site is Zoned Business Zone A. The 156sqm building has a high-quality fit-out across both floors and withstood the Kaikoura earthquake with not a glass broken.

The ground floor is tenanted by the very popular Zephyr Restaurant and features full glass frontage including sliding doors providing an excellent atmosphere in the warmer months. There is beautiful wood flooring, a great bar area and a commercial kitchen.

The vacant top floor was purpose-built as a dance studio and is accessed via private entrance on the right side of the building. The layout provides for a spacious and light studio with 12.5 metre wall mirror, storage room, changing room and bathroom. The excellent natural light from the street facing windows lends the area well to continue as dance/fitness studio or be converted to office space. Use the first floor as an owner-occupier or tenant to further increase the return on investment.

Investors will see the opportunity to secure this prime piece of realestate in the growing Kaikoura district. Surrounded by retail and hospitality businesses, potential office tenancies would be well serviced. All this and excellent profile for signage and foot traffic.

For further information, or to view, contact Melanie Campbell and Mike Ryan

For Sale by Negotiation
Melanie Campbell

Melanie Campbell


Be Marlborough Ltd, Bayleys,
Licensed under the REA Act 2008
Michael Ryan

Michael Ryan


Be Marlborough Ltd, Bayleys,
Licensed under the REA Act 2008

Features

Character building


Ground floor occupied by popular restaurant

Exposure


Situated right on Kaikoura's prime commercial strip for retail, office and hospitality

Floor area


Two storied commercial building.312sqm floor area on 281 sqm land area

Lease


Rental potential $67,500pa

Location


High profile West End location with excellent foot traffic

Opportunity


Take advantage of the existing purpose built dance studio on the first floor or see the potential for an owner operator business premises

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