4 Duncan Street, Port Nelson, Nelson

The Harbourside Motor Lodge

For Sale - Freehold going concern Offers over $1,774,000 + GST (if any)

This modern motel overlooking the Boat Harbour at Nelson Marina is situated just a few minutes from the Nelson Central Business District.
The excellent proximity of the motel ensures that this beautifully presented business enjoys consistent occupancies from a diverse range of guests from several market segments including corporate, commercial, families and tourists.
This 14 unit motel boasts high quality chattels with tiled bathrooms offering guests comfortable, modern accommodation and quality furnishings.
Over the last 5 years the property and chattels have been very well maintained with all units painted and a number of soft furnishings replaced.
The property features an onsite Owner/Managers residence with separate office, laundry and guests breakfast room.
Over the past five years excellent yield management has resulted in solid financials showing good profitability despite the economic climate.
For further information please contact Tony Vining on 03 546 9455 or 021 463 739 or tony.vining@bayleys.co.nz