208 Esplanade, Kaikoura
TweetAvailable PropertyFiles:
- Esplanade 208_Information Memorandum_May 2025.pdf
- LIM 1528 - 208 Esplanade.pdf
- Property File.zip
- /Title and Leasehold Documentation/
- 13164430_1.pdf
- 195943_1.pdf
- 27252_Title_Search_Copy - Leasehold.pdf
- 7884664_1.pdf
- MB5B_413_Title_208 Esplanade.pdf
Property Description
Kaikoura coastal investment• Spoilt with magnificent views of the Pacific Ocean and Kaikōura Ranges
• 890sqm (approximately) on a 2,003sqm (more or less) freehold corner site
• Returning $195,000pa plus GST and outgoings on a long-term lease
Occupying a 2,003sqm (more or less) corner site and framed by stunning views across the Kaikoura waterfront and the Seaward Kaikoura ranges, 208 Esplanade is home to The Anchor Inn - a 15-unit motel with associated managers’ residence.
With a multitude of room options, sleeping anywhere from two to four, the property is returning $195,000pa plus GST and outgoings and offers a remaining 27 year lease term and built in rental growth with market rent reviews two yearly.
Properties with immediate access to the beach, panoramic views and of this investment calibre seldom come to the market, so act quickly to secure this rare coastal opportunity.
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Terms of Supply
By accepting “the information” contained in this PropertyFile, I acknowledge I have read, understood and accepted the terms on which the information has been made available. This information has been prepared by Whalan and Partners Limited, trading as Bayleys (“Bayleys”) as agent for “the Vendor”. The information contains information that is publicly available, and/or sourced from third parties (and/or the vendor) and capable of independent verification. It has been prepared solely to assist interested parties in deciding whether to further their interest in the Property and Whalan and Partners Limited is acting as a conduit and merely passing this information over. Prospective purchasers must not confine themselves to the contents of the Information but should, in conjunction with their professional advisors, make their own evaluation of the Property and conduct their own investigation, analysis, and verification of the data contained in the Information and otherwise concerning the Property. Such evaluation should extend to and include whether there has been a change in the affairs or prospects of the Property since the date of the Information or since the date as at which any information contained in the Information is expressed to be applicable. Should the purchaser decide not to obtain their own specialist advice, they are deemed to have satisfied themselves on all aspects of the property and are buying solely in reliance on their own judgment and contrary to the recommendation of the agent. Bayleys and the Vendor have not verified any of the detail contained in the Information and Bayleys and the Vendor make no representation or warranty as to the accuracy or completeness of the information and neither Bayleys nor the Vendor accept and/or shall have any liability whatsoever for the accuracy of any part of the information including any liability for any statements, opinions, information or matters (expressed or implied) arising out of, contained in or derived from the Information, or any omissions from, or failure to correct any information, or any other written or oral communications transmitted to any recipient of the Information in relation to the Property. By registering you give consent to receive newsletters from the listing agent and/or PropertyFiles which you may unsubscribe from at any time. Whalan and Partners Ltd, Bayleys. Licensed under the REA Act 2008.Contact Jesse Paenga
Whalan and Partners Ltd, Bayleys,
Licensed under the REA Act 2008
027 764 4748 027 764 4748 jesse.paenga@bayleys.co.nz All Listings
Starting in commercial real estate in 2014, Jesse was driven by a deep-seated passion for property investment and since then, has forged an impressive track record marked by notable achievements such as orchestrating Christchurch’s largest-ever transaction valued at $77 million and securing leases for major central city establishments including Hoyts and H&M all whilst exceeding sales of $300 million.
Armed with a Bachelor of Commerce degree with first-class honours from Otago and Canterbury Universities, Jesse has honed his skills across diverse sectors within the industry. From office and retail leasing to project leasing for prominent CBD retail developments, and from investment sales to capital markets, Jesse's multifaceted background ables him to provide nuanced insights. His keen ability to accurately gauge market rents and assess a property's future lease-ability and value proves invaluable to both vendors and purchasers.
Drawing from his personal experiences as an investor and hands-on involvement in property development, Jesse possesses a unique knack for analysing opportunities from an investor's perspective. His proficiency in uncovering hidden gems within deals, coupled with his adeptness at aligning opportunities with clients' needs and future potential, sets him apart.
Committed to keeping his clients ahead of the curve, Jesse stays ahead of market dynamics and fundamentals, including debt funders' appetites, interest rates, vacancy rates and rental trends. By leveraging these insights and knowledge, he equips his clients with foresight into market movements, ensuring they identify and gain early access to deals.
From his experience in the post-earthquake environment in Christchurch, Jesse considers the most exciting part of property to be the positive impact a new development or refurbishment can have on the cityscape. In his role as Bayleys Director of Capital Markets & Corporate Leasing, Jesse remains dedicated to serving the Christchurch market and the Otago/Southland commercial sector, offering first-hand expertise tailored to his clients' unique needs.
Outside of work Jesse’s young son keeps him busy. He also likes to go to the gym and spend time in the outdoors including hunting.
Contact Gill Ireland
Vining Realty Group Limited
Licensed under the REA Act 2008
03 546 9455 022 184 2483 gill.ireland@bayleys.co.nz All Listings
Gill Ireland brings unique skills and a breath of experience gained internationally to Bayleys Nelson commercial team.
Originally from London, Gill joined Bayleys in 2013, having moved to NZ from Singapore.
Her career in international financial markets involved dealing with and advising clients from the UK and Europe to Asia and South Africa. As a result, she has developed strong networking skills and an ability to work closely with high net-worth individuals, corporates, and governments.
Bayleys’ commercial clients benefit from this knowledge and acumen and her approachable nature.
Clients range from buyers of multi-million-dollar buildings and businesses to small family business ownership or leasehold, to retail and office tenancies. Since 2013, Gill has built a strong base of contacts and developed extensive commercial property knowledge across Nelson-Tasman. She has a proven ability to maximise opportunities for developers and investors and her understanding of the commercial market helps her clients to seize the moment.
Gill can also offer her clients the powerful resources of Bayleys national network of 235+ commercial agents, giving access to a huge database of commercial property and business.