Cashflow Opportunity in Prime Beach Location
Property ID RCH25513Cashflow is the name of the game in any business and this Tahunanui Motel in Nelson, popular with sports teams and family groups, has provided consistent and proven cashflow for a number of years making it a safe and sound business investment.
And with one of the better owner's accommodations in the Nelson Market, with a separate dwelling comprising 3 double bedrooms, 2 bathrooms and spacious, sunny modern living, it's a comfortable place to call home too.
Why invest more money in the same location for a house that's only going to cost you money when you can have a home and a six figure income at the same time?
On offer is the secure lease of the motel property (28 years remaining) and the business assets. The Motel itself comprises 14 total units, with a mix of studio, 1 bedroom and Family units.
The inground pool is popular with guests over summer and the motel is located a short walk to the famous Tahunanui beach, shops and restaurants and just a 5 minute drive to the Airport or Nelson City.
The current owners have a genuine family reason for sale and a good opportunity is available for a new owner to grow the business on the solid base of consistent performance.
Please contact Ben Cooper on 021 255 7751 or email below for a full information pack (subject to confidentiality agreement being signed). Asking price $425,000 plus GST (if any) intended to be sold as a going concern therefore zero rated.
Please note that lending requirements differ for motel leases compared to residential property and you will require at least 50% equity for any lending.