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The Wood

21 Trafalgar Street, The Wood, Nelson

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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).

Asking Price NZ$575,000 + GST (if any)
Gill Ireland

Gill Ireland


BE Nelson 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