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Collingwood Park Motel

$1,600,000 + GST (if any)

Freehold Going Concern Nelson

ID: 1823

Top Performing Gold Bay Motel

Property Name:
Collingwood Park Motel
Address:
1 Tasman Street, Golden Bay
Property Type:
Motels
Sale Type:
Freehold Going Concern
Price:
$1,600,000 + GST (if any) 
Region:
Nelson
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Gill Ireland

Gill Ireland

| Nelson

M: 022 184 2483

gill[dot]ireland[at]bayleys[dot]co[dot]nz

Reasons to buy

  • Extensively refurbished high quality motel in complete "walk in" condition
  • Golden Bay tourism area with a strong domestic market
  • Continued revenue opportunity

Gill Ireland

| Nelson

Contact Agent

Gill Ireland

Mob: 022 184 2483

Email: gill[dot]ireland[at]bayleys[dot]co[dot]nz

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Collingwood Park Motel is perfectly situated with cafes, tavern, local shops and beach all within a
one to two-minute walk, and the Farewell Spit Tour departure point is directly across the road from the motel. The motel's location is
stunning with beautiful views across the Aorere Estuary.
A very functional and easily managed ten-unit motel complex, comprising of four queen split-level studios, four king studios, one king
studio cabin and one three-bedroom family apartment. A new two storey manager's residence was completed in 2010 which was well
designed with ground floor reception, dedicated housekeeping/utilities workroom, linen storage rooms and guest laundry.
There are also four powered motor home sites with two dedicated wet rooms and shared kitchen facility. The coin operated laundry
serves both motel guests and the public, and there is a well-appointed commercial retail cottage which is leased out on a long-term
basis. The property has been extensively refurbished inside and out and very much deserves it's four-star Qualmark rating.

Land, buildings and business - $1,600,000 + GST (if any)

Motel business lease - $345,000 + GST (if any)

Disclaimer: We do not accept responsibility for mis-statement or error contained on this site. Interested persons should rely on their own enquiry. All prices are plus GST if any unless otherwise stated. If the transaction is recognised as a going concern then the sale should be zero rated.

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Gill Ireland

Gill Ireland

| Nelson

M: 022 184 2483

gill[dot]ireland[at]bayleys[dot]co[dot]nz

Confidentiality

To access information about this listing please follow the link below and complete the Confidentiality Agreement Form.

Confidentiality Agreement Form

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