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Collingwood

1 Tasman Street, Collingwood, Tasman

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1,885sqmย Land area SQM
12ย Bedrooms
10ย Bathrooms
2ย Parking
12ย Offstreet

Asking Price NZ$1,600,000

Home and income


Unless you are a migrating whale, you don't go past Golden Bay with it's breathtaking scenery, arts and crafts and sporting activities, there is something for everyone. Collingwood Park Motel is perfectly situated with cafes, tavern, local shops and beach all within a one to two minute walk, and the Farewell Spit Tour departure point is directly across the road from the motel. The motel's location is stunning with beautiful views across the Aorere Estuary.

A very functional and easily managed ten unit motel complex, comprising of four queen split-level studios, four king studios, one king studio cabin and one three-bedroom family apartment. A new two storey manager's residence was completed in 2010 which was well designed with ground floor reception, dedicated housekeeping/utilities workroom, linen storage rooms and guest laundry.

There are also four powered motor home sites with two dedicated wet rooms and shared kitchen facility. The coin operated laundry serves both motel guests and the public, and there is a well-appointed commercial retail cottage which is leased out on a long-term basis. The property has been extensively refurbished inside and out and very much deserves it's four-star Qualmark rating.

Land, buildings and business- $1,600,000 + GST (if any).
Motel business lease- $345,000 + GST (if any).

Gill Ireland

Gill Ireland


Vining Realty Ltd, Bayleys,
Licensed under the REA Act 2008

Features

Home and income


opportunity

Prime location


on prominent corner site overlooking the Aorere Estuary, only a minute or two away from local cafes, shops and beach

Well maintained


property for sale