Picton, South Island
Exceptional Motel – The Hard Work Is Done
Business Lease $1,150,000
Business Description
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 ---------- , DDI ---------- , ---------- .
Business Summary
Key Investment Insights
1. Prime location in the heart of Picton, a popular and high-demand destination for domestic and international travellers.
2. Beautifully upgraded property with a high standard of accommodation, including a versatile mix of units to cater to a range of guest needs.
3. Comfortable and practical owner's residence with three bedrooms and two bathrooms.
4. Secure long-term lease in place, providing stability and peace of mind for the business.
5. Picton's role as a transport and commercial hub, with regular ferry services to Wellington, ensures a steady stream of visitors year-round.
6. Confidentiality agreement required for full details, including an Information Memorandum available on the website.
7. Experienced and knowledgeable agent available for enquiries and further information.
