The Hurunui Hotel

Heritage 1 Listed Property

Comprehensive Lease Opportunity

Attractive LeaseTerms & Structure

Flexible lease structure designed for hospitality success with revenue sharing and purchase pathway for experienced operators.

Lease Summary

$3,000

Base Rent/Month + GST

Tiered Revenue Share

Revenue Share

3+3+3 Years

Years + Renewal

$35.5K

Upfront + GST

Monthly Commitments

Fixed monthly costs

Base Rent:$3,000 + GST

Chattels Fee:$500 + GST

Special Offer:

First 2 months rent-free

Revenue Share Structure

Tiered system - only applies to amounts within each tier

Important: This is a TIERED system

Revenue share only applies to the portion of revenue within each tier, not the entire amount.

First $30,000:0%

$30,001 - $50,000:7%

Above $50,000:10%

Examples:

$40,000 revenue: $0 (first $30k) + $700 (7% × $10k) = $700 total share

$60,000 revenue: $0 (first $30k) + $1,400 (7% × $20k) + $1,000 (10% × $10k) = $2,400 total share

Comprehensive Lease Terms

Lease Structure

Initial Term: 3 years

Renewal Option: Additional 3+3 year renewal

Purchase Option: Available at any time during lease, at the greater of market value or minimum agreed price (CPI adjusted)

Rent-Free Period: First 2 months

Financial Requirements

Upfront Payment: $35,500 + GST

Security Deposit: Included in upfront

Chattels Contribution: Included in upfront

Monthly Payments: $3,500 + GST total

Operator Benefits

Heritage 1 status maintained (since 1860 establishment)

Longest continuous liquor license (since July 1, 1860)

All equipment and chattels included

Self-contained manager's flat (1 bedroom, lounge, kitchenette, bathroom, sunroom)

Earthquake-strengthened building

Ideal Operator Profile

Experienced hospitality operators

Heritage property appreciation (164+ years operation)

Community-focused approach

Long-term business vision

Revenue Potential

Example Monthly Scenarios

Illustrative revenue sharing calculations

Monthly Revenue	Base Rent + Chattels	Revenue Share	Total Monthly Cost
$25,000	$3,500	$0	$3,500
$40,000	$3,500	$700 (7%)	$4,200
$60,000	$3,500	$2,400 (7% + 10%)	$5,900

Calculation Method: Revenue share is tiered - 0% No revenue share, 7% on portion between $30,001-$50,000, and 10% on portion above $50,000. For example, on $60,000 revenue: $0 + $1,400 (7% × $20,000) + $1,000 (10% × $10,000) = $2,400 total. All figures exclude GST.

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