High Class, High Returns

  • Asking price: $790,000
  • Listed: Tue 10 May, 1:40 pm
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Listing #: 1084282171
Location: Marlboroug­h
The current owners have had this property under management for some time and have now decided to sell a new 30 year lease. This now presents an opportunity to enter the hospitality industry in a prime position and take advantage of the increase in tourism activity.

The property is of a very high standard and contains a good mix of units from studio to two bedrooms, giving many options for the operator to handle most accommodation requirements.
The units are very well presented and views from the complex are outstanding. The property is situated very close to all the amenities required for a memorable stay, including access to restaurants and shopping facilities that are only a few minutes walk away.

Picton is buzzing. With so many great activities in the area, the beautiful Marlborough sounds offering fishing and many other water sports along with the Queen Charlotte track and other noteworthy walks as well as the wineries, all make for a good place to holiday. There is also easy access to the ferry terminal.

This is a great opportunity to get into the high end of the hospitality industry at a reasonable price.

We would welcome your enquiry on the Business Lease at $790,000 of this Motel for sale in Picton via this website or by phoning INKY STOVE on 0800 263339, DDI 03 550 0471 or 021 182 6940.

Agency reference #: 2419
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Agent's details

Inky Stove
  •  (03) 5500471
  •  (021) 1826940
Coffeys Tourism Property Brokers Ltd
(03) 3669040

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