31 Collingwood Street, The Wood, Nelson

Nelson City Motel Business for sale

On offer for sale is the profitable business of the Riverlodge Motel and Apartments - an exceptionally well-located eleven-unit motel comprising of a mix of studios, one-bedroom, and two-bedroom apartments.
The motels' surroundings are quiet, idyllic, and just a short walk away from the centre of Nelson City and all that it has to offer in the way of top-class restaurants, cafes and bars, and of course the famous Trafalgar Park - home to the Tasman Mako's, Bay Dreams and other top-class entertainment.
The current owners have made significant improvements to the property and business, but the pull of family in the United States is prompting them to return home. The new owners will be well-positioned to enjoy the financial reward of a reopened border, a prime location, and unprecedented forward bookings.
For Sale Business Only - Asking Price $538,600 + GST (if any)