1 Kersage Drive, Kaikoura Flat, Kaikōura

$1,395,000

Luxury Accommodation Business & Lifestyle Investment in Coastal Kaikōura

The Fairways Apartments – Premium Management Rights & Freehold Investment

The Fairways Apartments at Ocean Ridge, Kaikōura presents an outstanding opportunity to acquire a high-performing accommodation business through an exclusive Management Rights Agreement, combined with a freehold manager’s residence.

This executive complex comprises 12 luxury two-bedroom apartments, operating as a twin-key configuration delivering up to 24 letting keys and strong flexibility for guest demand.

Apartments are fully furnished and feature two king bedrooms with ensuites, spa bath, designer kitchen, open-plan living, gas fire, and private courtyard. Configurations allow one or two-bedroom use, with a studio option further enhancing occupancy and yield potential.

The manager’s residence is a modern four-bedroom home with double garage, reception, and laundry facilities. It provides comfortable family living and efficient on-site operations, with private outdoor space and access to Ocean Ridge amenities delivering a rare lifestyle/business balance.

What We Like

* Strong EBITDA performance.
* Prime Kaikōura tourism location.
* Freehold manager’s residence included.
* Exceptional lifestyle opportunity.
* Well-maintained complex with refurbishment fund.
* Modern construction and quality chattels.
* Flexible accommodation configurations.
* Strong owner and guest support base.
* Established brand with excellent reviews.
* Currently under management, upside for owner-operator.
* Proven systems, reporting, and budgets.
* Strong forward summer bookings.

The current owners are motivated to sell, presenting an opportunity to secure a premium Kaikōura accommodation business with strong returns and lifestyle appeal.

Contact specialist Accommodation Business Broker Adam Berry on 021 409 441

Additional details

Type

Tourism & Hospitality

Property ID

78604

Listed on

24/06/2026