Exceptional Motel – The Hard Work Is Done

Marlborough
Reference: NM818
Motel / Motor Lodge
Business Lease $1,150,000

LOCATION
Nestled in the heart of the stunning Marlborough Sounds, Picton is a vibrant and picturesque port town. It's a key gateway for travellers moving between the North and South Islands, making it a high-demand destination for both domestic and international visitors.

THE PROPERTY
Jasmine Court Motel has been beautifully upgraded by its current operators, resulting in the high standard it enjoys today. The motel offers a versatile mix of accommodation, from well-appointed studios to spacious two-bedroom units - ideal for accommodating a wide range of guest needs, whether short-term or extended stays.

OWNER'S RESIDENCE
The owner's accommodation is a comfortable three-bedroom, two-bathroom home. Designed over two levels, it includes one bedroom on the ground floor and two upstairs, offering both privacy and practicality. Conveniently located behind the reception area, it allows easy access to welcome guests while maintaining a sense of separation from the business operations.

LEASE
A secure long-term lease is in place, with 29 years remaining as of 31 March 2025, providing peace of mind and business stability.

FURTHER HIGHLIGHTS
Picton plays a crucial role as a transport and commercial hub, being the South Island terminal for the Interislander and Bluebridge ferry services. With frequent sailings across the Cook Strait to Wellington, the town enjoys a steady stream of visitors year-round.

Some aspects of this opportunity are confidential. Full details are available upon signing a confidentiality agreement, with an Information Memorandum accessible via our website.

We would welcome your enquiry on the Business Lease of Jasmine Court Motel for sale in Picton via our website or by phoning JAN GRANT on 0800 263 339, DDI 03 553 1018, 027 544 1949.

Enquire Now

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Jan Grant

Jan joined Coffeys after working with her husband Ross, for 15 years selling Residential Real Estate followed by 6.5 years owning and operating a very successful motel in Nelson.

Such experience is invaluable in attracting and dealing with the increasing number of investors interested in buying and selling properties or businesses in the tourism sector.

There are many qualities and skills that go into being an excellent Real Estate professional - integrity, in-depth marketing knowledge, effective negotiation skills and a high-quality professional network, all of which are hallmarks of how Jan works.

Jan’s enthusiasm for this industry is obvious and she enjoys assisting her clients to reach their full potential in this exciting and rewarding industry.

Her mission is to make a significant difference in her client’s lives by meeting their real estate needs in a climate of confidence.

You can rely on Jan to help you realise the full potential of your real estate investment through her devotion to exceptional service.