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The Wood

21 Trafalgar Street, The Wood, Nelson

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Asking Price NZ$575,000 + GST

 (if any)

Kingsgate Motel - Nelson


The Kingsgate Motel offers exclusive accommodation for business or pleasure in 11 spacious self-contained units and has a swimming pool. The close proximity to Nelson City Centre ensures that this property enjoys good occupancy from a varied range of guests. Market segments include corporate, commercial, families and tourists. Established in 1986 and with a lease in place until December 2036 this motel has been well maintained by the current lessee. Owner/Managers accommodation consists of a large four bedroom private residence.

Business For Sale - $575,000 + GST (if any).

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

Established


Operating as a Motel since 1986

Great Business


Consistent Revenue with lease until 2036

Great Location


Right on the edge of the Nelson CBD