Gateway Motel presents an outstanding opportunity to acquire one of Picton's established tourism properties. This Freehold Going Concern combines a successful 26-unit motel with valuable freehold land and buildings, together with additional commercial rental income, creating a diversified investment in one of New Zealand's busiest tourism destinations.
ESTABLISHED ACCOMMODATION BUSINESS
The motel offers 26 units; 21 studio units (including four family studios), two one-bedroom units and three two-bedroom units, providing an excellent accommodation mix for couples, families, corporate guests and small groups.
COMMERCIAL INCOME
Complementing the motel operation is a commercial tenancy of a Cafe that provides an additional rental income stream, further strengthening the overall investment.
OWNER'S ACCOMMODATION
A comfortable three-bedroom, two-bathroom owner's residence offers excellent privacy while remaining conveniently connected to the office and reception.
PRIME LOCATION
Situated on High Street in central Picton, guests can easily walk to cafes, restaurants, supermarkets, boutique shopping, the waterfront, marina and both the Interislander and Bluebridge ferry terminals. Gateway Motel has earned an enviable reputation and enjoys a proven trading history in one of New Zealand's busiest tourism and transport gateways.
Please be aware that some of this information may have been sourced from RPNZ/ Property Guru/ Land Information New Zealand and we have not been able to verify the accuracy of same. Any boundary lines shown on an image are indicative only.
Ready to take the next step?
An Information Memorandum is available to download from our website coffeys.co.nz.
Some details of this listing are confidential and can only be disclosed upon completion of a confidentiality agreement, included in the Information Memorandum.
We would welcome your enquiry via this website or direct to JAN GRANT.
1. Freehold going concern offering ownership of land and buildings as well as an operating 26-unit motel, creating capital and operational value.
2. Accommodation mix of 21 studio units including four family studios, two one-bedroom units and three two-bedroom units, catering to couples, families, corporate guests and small groups.
3. Complementary commercial tenancy of a café provides an additional contracted rental income stream, strengthening cashflow diversification.
4. On-site three-bedroom, two-bathroom owner’s residence offers privacy and immediate proximity to office and reception, reducing owner-operator overheads.
5. Prime High Street, central Picton location within easy walking distance to cafes, restaurants, supermarkets, boutique shopping, the waterfront and marina, enhancing guest convenience.
6. Walking access to both Interislander and Bluebridge ferry terminals positions the property in a high-traffic tourism and transport gateway, supporting steady occupancy potential.
7. Established business with an enviable reputation and proven trading history in one of New Zealand’s busiest tourism destinations, indicating operational resilience.
8. Diversified investment profile combining accommodation revenue, commercial rental income and freehold asset value, offering multiple return levers.
9. Suitable guest mix and unit configuration support varied market segments including family and corporate travel, aiding year-round demand management.
10. Information Memorandum available for download, facilitating due diligence for serious buyers subject to a confidentiality agreement for certain details.
11. Some listing data sourced externally from RPNZ, Property Guru and Land Information New Zealand and not independently verified, indicating buyers should confirm accuracy during due diligence.
