Motueka Garden Motels

Here you have a highly unusual opportunity to secure almost a hectare (0.9793ha) of freehold land in an area already earmarked by the Tasman District Council for further rezoning and redevelopment, bringing with it potentially substantial future financial upsides.

The property which has two separate entrances from King Edward Street is a mix of Residential and Rural 1 (deferred residential) zoning, which along with the Tasman District Council’s recent purchase of a large industrial site nearby with the stated intention of developing the much sought-after Motueka Swimming pool, should really make investors take note as opportunities like this almost never become available.

This is currently the location of popular Motueka Garden Motel which comprises 18 units of varying sizes, a manager’s residence and other general amenities. This property should be at the absolute top of your list!

The motel business only is available for purchase without the freehold land for Offers Over $580,000 + GST (if any)

Or a second option is the Freehold Land and Buildings plus Business for sale: Offers Over $2,000,000 + GST (if any). Check out the listing: 71 King Edward Street, Motueka, or contact Roar Kristoffersen for more information.

Agency reference #: 21121