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Listing Description

Listed: Sun, 8 Jan

Prime central location on West End

40 West End, Kaikoura, Marlborough

Price by negotiation

Details

  •   306m² Floor
  •   282m² Land
AttributeValue
Property use
Retail
Agency reference
4150343

Description

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


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Agent's details

Melanie Campbell

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Michael Ryan

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Bayleys Kaikoura, (Licensed: REAA 2008)

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