69-71 Tahunanui Drive, Tahunanui, Nelson

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
To be sold by deadline sale (by 7 May) (unless sold prior)