Positioned at the epicenter of Kaikoura's remarkable transformation, this exceptional commercial property delivers immediate returns with both floors now secured by established long-term tenants. This isn't just a real estate opportunity - it's a fully operational investment generating consistent income while capitalizing on the region's bright and dynamic future. The ground floor, home to the thriving Zephyr Restaurant under long-term lease, provides guaranteed rental income from an established hospitality business. With its stunning full glass frontage, elegant wood flooring, and professionally designed commercial kitchen, this premium tenant occupies a space that perfectly captures Kaikoura's vibrant dining scene, ensuring reliable cash flow for discerning investors. The top floor now features a secured long-term tenant utilizing the versatile space with it's extraordinary 12.5 metre wall mirror, abundant natural light, and thoughtfully designed layout including storage room, changing room, and bathroom facilities. This upper-level tenancy adds a second dependable income stream, maximizing the property's earning potential while requiring minimal landlord involvement. Kaikoura is not just recovering from past challenges - it's reimagining itself as a dynamic, resilient community attracting professionals, entrepreneurs, and lifestyle seekers. This property, constructed in 2011 to 100% NBS standards and having weathered significant seismic events without structural damage, symbolizes both the town's strength and your investment security. Its strategic business zone A location, surrounded by flourishing retail and hospitality ventures, reinforces the area's economic vitality and tenant appeal. This dual-tenancy model offers investors the ultimate in passive income generation. With both established, long-term tenants in place, owners can enjoy consistent rental returns while benefiting from Kaikoura's ongoing growth trajectory. The property's proven resilience, prime location, and current full occupancy create an exceptional investment foundation. As tourism continues its strong recovery, infrastructure improvements accelerate, and more people discover Kaikoura's unique charm, fully-tenanted properties like this become increasingly valuable. The existing tenant relationships provide immediate stability while positioning you to benefit from the region's anticipated growth and rising rental values. This is more than a property investment - it's a turnkey opportunity to own a piece of Kaikoura's promising future, where established income generation meets long-term capital appreciation in one extraordinary, fully-leased commercial asset.

$1,275,000 + GST (if any)

Act now - beat the spring/summer rush! Secure this rare opportunity for ultimate, affordable waterfront living in sought-after South Bay. This tastefully re-decorated 4 bedroom bach delivers unmatched value - you simply won't find anything close to this price in Kaikoura beside the sea! Leasehold land - your accessible pathway to premium waterfront living (all lease information readily available). There is even an option to purchase the land and become freehold. Current annual lease is $10,625 per annum, plus council rates. Immerse yourself in the ultimate coastal lifestyle with this waterfront gem, offering stunning sea and mountain views that can't be built out. Whether you're seeking the perfect holiday bach or easy rental income, this property delivers both lifestyle and investment potential. 4 bedrooms plus expansion potential: Four generous bedrooms provide perfect space for family getaways, while the sleepout offers potential for additional accommodation - ideal for large families or maximizing rental returns. Move-in ready income generator: Potential to buy fully furnished and ready to start earning immediately, this property sits in a high, short term rental demand location and represents the ultimate affordable entry into the waterfront market. The open-plan living area flows seamlessly onto the partially covered front deck, complete with outdoor fire, where you can relax and soak in the breathtaking scenery. A covered back patio adds more entertaining space and privacy. Outstanding features: This waterfront location provides direct access with stunning, unobstructed views that simply cannot be built out. The open-plan living area is light-filled with a logburner for year-round comfort, complimented by dual outdoor spaces including front deck and back patio for maximum entertaining options. The practical layout includes a family bathroom and laundry, plus a sleepout with storage room offering extra accommodation potential - perfect as a teen retreat! With a 842 sqm section, you'll have plenty of space for watercraft and equipment with the large single garage and utility shed, while secure off-street parking provides room for boats and multiple vehicles. This leasehold opportunity represents your affordable gateway to exclusive South Bay waterfront living. Don't miss out - properties at this price point beside the water are virtually non-existent. Get in before the spring/summer market heats up! Contact us today for lease details and to secure your viewing - waterfront living has never been this accessible!

$420,000

Escape to your own world while staying connected to everything you need. Just 25 minutes from Kaikoura, this stunning modern home offers the perfect balance of seclusion and convenience, set against a breathtaking backdrop of the Seaward Kaikoura mountains. Completed in 2021/2022, this architecturally designed two bedroom residence showcases contemporary elegance with it's striking blend of 'Hard as Rocks' artificial stone cladding and dark vertical panels. Perched on a private terrace, the home has been thoughtfully crafted to celebrate it's spectacular setting, with expansive glazing that frames those mountain views like living artwork. The generous open-plan living, dining, and kitchen area features a discreet pantry and flows seamlessly through sliding doors onto a sheltered patio - your front-row seat to some of New Zealand's most dramatic vistas. Bathed in all-day sunshine and protected from prevailing winds, this is outdoor living at its finest. The master bedroom is a true retreat, featuring a walk-in wardrobe and its own outdoor access to drink in those stunning mountain views from the moment you wake. Throughout the home, you'll find clever storage solutions and stylish sliding barn doors. Gas water heating provides instant hot water, while a cozy wood burner adds warmth and ambience. The home sits elevated on its own terrace, surrounded by stunning landscaped gardens that blend seamlessly into approximately two hectares of peaceful rural land with two large fenced paddocks - with an adjoining two hectares available (copy this link for more info - https://www.fraseribbotson.co.nz/property/KKL205741/246-scotts-road-kaikoura) . An immense double garage, separate carport, and garden shed provide ample space for vehicles, equipment, and storage. The Lifestyle: Privacy and luxury in perfect harmony. The great outdoors on your doorstep. Two large fenced paddocks ready for livestock or hobbies. Surrounded by peaceful rural farmland. A short drive to the vibrant township of Kaikoura for dining, shopping, and coastal adventures. Built to the highest standards with premium materials and meticulous attention to detail. This is more than a home - it's a sanctuary. Wake up to mountain vistas, enjoy your morning coffee in complete tranquility, and end each day watching the alpenglow dance across the Kaikoura ranges. A rare opportunity to own a slice of paradise.

By Negotiation