Bayleys Real Estate Ltd
Residential
Commercial
Rural
Property Services
News and Editorial
Auctions

The Wood

59 Trafalgar Street, The Wood, Nelson

Watchlist
Share
Sold
Slide 1 of 20
1 OF 20
123288_1.jpg
123288_2.jpg
123288_1.jpg
123288_2.jpg
123288_1.jpg
123288_2.jpg

Asking Price NZ$1,695,000 + GST

 (if any)

Cedar Grove Motor Lodge Lease for Sale in Nelson -


Location:
The Cedar Grove Motor Lodge is situated on the corner of Trafalgar and Grove Streets, barely 100 metres from the Central Business District. This central proximity to the city, sporting facilities, the Trafalgar Centre and being just off the main road to Picton/Blenheim ensures that this property attracts a premium clientele from a wide range of market segments.

The Motel:
Built in three stages from 2001 with stage 3 completed in 2005 this stunning property gives the feeling of European elegance in the heart of Nelson. The accommodation mix consists of 23 luxury apartments and executive suites. Each suite has been fitted with double glazing, air conditioning, DVD entertainment systems and fully designed kitchen features.

The Business:
With its central location so close to the CBD attracting an excellent combination of corporate, commercial and leisure clientele, combined with the ability to accommodate families in the 2 bedroom suites this motel enjoys consistently high occupancies. Over the last couple of years the Cedar Grove Motor Lodge has produced excellent business results despite the impact of the economic downturn on the general economy. This property is beautifully presented and although only operating for a short time has been excellently maintained.

Owners Accommodation:
The owner's accommodation is stunning and is situated over 2 levels with the upstairs area offering 3 bedrooms and 2 bathrooms (master with ensuite). The lower level features an open plan kitchen/lounge/dining area with internal access to the office/reception, laundry, storage area and garages.

It is only fitting that if you are going to offer your guests an excellent standard of accommodation that this flows through to the owner's residence.

Tony Vining

Tony Vining


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

Gill Ireland


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

Features

Motel


Lease for Sale

Number of Rooms


23 Luxury Apartments and Suites

Owners Accommodation


2 Level, 3 Bedroom Owners Residence