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Exciting Opportunity in South Bay!
29A South Bay Parade, South Bay
7
7
5
902m2
Multiple Properties
For Sale
$1,600,000
7
7
5
902m2
Multiple Properties
Here’s your chance to secure a unique investment in one of Kaikoura’s most sought-after coastal locations. The property is being sold as a going concern, plus GST if any.
Bay Cottages sits on a 902 sqm freehold section and features five fully self-contained studio units. Currently, the owners occupy two units, but with remote management, there’s potential for up to seven rental opportunities in total.
Each unit is immaculate and fully equipped with a kitchen, bathroom, and laundry facilities – everything a traveller needs for a comfortable and convenient stay in Kaikoura.
South Bay is a favourite destination for holidaymakers, tourists, and fishing enthusiasts. With the current owners preparing for retirement, the opportunity to take over and expand this well-loved business is ready for the taking. Forward bookings are already in place, and there’s huge potential for even higher occupancy rates – especially if listed on Airbnb, where the property is not currently marketed.
Ideally located just across the road from the beach, Bay Cottages is perfectly positioned to capture stunning sunsets and offers easy access to walking and biking tracks.
Kaikoura continues to thrive, with last season experiencing a booming tourism market and more growth ahead. The property will be sold as a going concern, complete with all chattels, allowing you to step in and start operating from day one. Financial statements are available on request.
Don’t miss out on this incredible lifestyle and business opportunity in beautiful South Bay!
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