Sold Property

67 Williams Street (Kaikanui Tavern), Kaiapoi, Canterbury 7630

  • 3636

$1,900,000

Act Now ..... Freehold L & B Only

Freehold investments like the Kaikanui Tavern rarely come to the market. The land area consists of 3636sqm, with the building area 620sqm. The Kaik has been an institution in Kaiapoi for generations and is still steaming along with the new operators.The hotel is leased and will provide a good investment return for years to come.DEE report is available to serious purchasers, please contact the sole agent now.

* New 10 year lease with two 10 year rights of renewal.
* Conveniently located on main thoroughfare in Kaiapoi.
* Present operators are experienced and fastidious.
* Long term ROI for serious investors
* Add this to your long term portfolio

Please be aware that this information has been supplied by the vendor and/or sourced from: Property Guru, Property Smarts, Land Information NZ, Local Councils, ECAN, CERA and other organisations. Twiss-Keir Realty Limited is merely passing over this information as supplied to us. We cannot guarantee its accuracy or reliability. Property ID: #RG8360

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Sold Date

  • 24 May, 2018

Property features

  • Property Type: Tourism / Motel / Hotel, Other (Tavern)
  • Retail Square Metres: 620
  • Yard Square Metres: 3016
  • Property Details: Tenanted Investment
  • Zone: Business 4
  • Tenure: Fee Simple
  • Tenancy 1: Area Sqm: 620, Commencement Date: 17 July 2017, Expiry Date: 16 July 2047, Rental net/gross p.a.: $150, 000 + GST + Opex (Operational Expenditure), Review Dates: Every two years (Anniversary date), Rights of Renewal: 2 x 10 years, Tenant Name: Eagle JI Limted, Term (years): 10 years
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Outgoings

  • Ground Lease $: 150,000 + GST

Office

Harcourts Rangiora

Licensed under REAA 2008

Repayment Calculator

Est. bond $1920
  • 3636

Sold Property

67 Williams Street (Kaikanui Tavern), Kaiapoi, Canterbury 7630

$1,900,000

Act Now ..... Freehold L & B Only

Freehold investments like the Kaikanui Tavern rarely come to the market. The land area consists of 3636sqm, with the building area 620sqm. The Kaik has been an institution in Kaiapoi for generations and is still steaming along with the new operators.The hotel is leased and will provide a good investment return for years to come.DEE report is available to serious purchasers, please contact the sole agent now.

* New 10 year lease with two 10 year rights of renewal.
* Conveniently located on main thoroughfare in Kaiapoi.
* Present operators are experienced and fastidious.
* Long term ROI for serious investors
* Add this to your long term portfolio

Please be aware that this information has been supplied by the vendor and/or sourced from: Property Guru, Property Smarts, Land Information NZ, Local Councils, ECAN, CERA and other organisations. Twiss-Keir Realty Limited is merely passing over this information as supplied to us. We cannot guarantee its accuracy or reliability. Property ID: #RG8360

Property Features

  • Property Type: Tourism / Motel / Hotel, Other (Tavern)
  • Retail Square Metres: 620
  • Yard Square Metres: 3016
  • Property Details: Tenanted Investment
  • Zone: Business 4
  • Tenure: Fee Simple
  • Tenancy 1: Area Sqm: 620, Commencement Date: 17 July 2017, Expiry Date: 16 July 2047, Rental net/gross p.a.: $150, 000 + GST + Opex (Operational Expenditure), Review Dates: Every two years (Anniversary date), Rights of Renewal: 2 x 10 years, Tenant Name: Eagle JI Limted, Term (years): 10 years
Show More

Outgoings

  • Ground Lease $: 150,000 + GST

Sold Date

  • 24 May, 2018
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Harcourts Rangiora

Office Harcourts Rangiora Licensed under REAA 2008

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