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Tahunanui

69-71 Tahunanui Drive, Tahunanui, Nelson

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1,664sqm Land area SQM
897sqm Floor area
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First Class Freehold Investment


An outstanding opportunity to secure a premium freehold motel investment in a prime Nelson location. Positioned on a high-profile site, this exceptionally well-maintained property is leased to a proven, high-performing operator, providing investors with secure income and peace of mind.
The property sits on 1,664sqm (more or less) with a total floor area of approximately 897sqm and comprises a well-presented 16-unit motel complex. The building has been carefully maintained and has a 90% NBS rating, offering investors confidence in the long-term durability of the asset.
Located on State Highway 6 in Tahunanui, the property enjoys excellent visibility while remaining set back enough to provide guests with privacy and comfort. The surrounding area offers convenient access to local amenities and the popular Tahunanui Beach.
With a long-term lease in place through to 2056 with two-yearly rent reviews, this is a rare opportunity to secure a passive investment backed by a well-established accommodation operator.
Property Highlights
•Prime Tahunanui location
•Long-term lease to established operator
• 90% NBS
•Exceptionally well-maintained asset
•16 motel units on 1,664sqm landholding
•Secure passive investment with regular rent reviews
•Net income $208,000.00

For Sale by Deadline Private Treaty
(unless sold prior)

288 Trafalgar Street, Nelson

7
May

Time4.30pm
Calander
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Gill Ireland

Gill Ireland

Commercial, Tourism and Development Sales and Leasing

BE Nelson Ltd, Bayleys,
Licensed under the REA Act 2008
Seb Hickman

Seb Hickman

Residential, Commercial and Industrial Sales and Leasing

BE Nelson Ltd, Bayleys,
Licensed under the REA Act 2008

Features

Location


Close to Tahunanui Beach and local amenities

Exposure


Prominent position on main gateway road into Nelson

Amenities


Well presented, modern, two level property

Opportunity


16 unit well established motel business

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