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Substantial Motor Inn

For Sale
Substantial Motor Inn
Reference #: 
FH501
Price (+GST if any): 
$12,250,000
Price Type: 
Asking Price
Business Type: 
Hotels & Motor Inns
Nelson and Marlborough Map
Property Type: 
Freehold Going Concern
Region: 
Nelson & Marlborough
Nelson

Freehold Motel Opportunities for Sale of this size, calibre and potential in Nelson are rarely available.

Situated on a substantial 8,264m2 site close to Nelson CBD, this business offers an opportunity to acquire one of the regions best accommodation restaurant, bar & conference facilities.

There are 76 new or refurbished rooms/units, restaurant, bar, laundry and managers residence to be constructed. Further development options exist and the full potential of the business has yet to be realised.

This property would have appeal to enterprising investors who have the ability to tap into key tourism referral groups, convention and corporate business.

All inquiries received in strict confidence.

Broker's Details

David Armstrong welcomes your enquiries
027 290 6055
0800 156 780

Disclaimer
This listing information is compiled from information supplied by the vendor and other sources. Whilst all care has been taken to ensure accuracy, prospective purchasers should not rely on the contents herein as a statement or representation of fact, but make their own enquiries to satisfy themselves on all aspects.

Prices listed above are plus GST, if any