Picton, South Island

26 Unit Picton Motel in Prime Location

Business Lease $995,000

Business Description

Gateway Motel presents an outstanding opportunity to acquire a well-established motel business in one of New Zealand's busiest tourism and ferry gateway destinations. Ideally positioned in the heart of Picton, guests can walk to cafes, restaurants, supermarkets, boutique shopping, the waterfront and both the Interislander and Bluebridge ferry terminals.

The motel attracts a broad range of guests, including holidaymakers, business travellers, families, tour groups and ferry passengers, providing multiple income streams throughout the year. Gateway Motel also offers the perfect base from which visitors can explore the spectacular Marlborough Sounds, renowned wineries, the Queen Charlotte Track and many of the upper South Island's most popular attractions.

ACCOMMODATION MIX
26 accommodation units in total
3 two-bedroom units
2 one-bedroom units
21 studio units (including 4 Family Studios)

OWNERS ACCOMMODATION
Spacious three-bedroom, two-bathroom owner's residence offering excellent privacy, with adjoining office and reception.

LEASE
A new 35-year lease will be established for the successful purchaser, providing long-term security of tenure.

LOCAL AREA
Picton is the gateway to the Marlborough Sounds, offering boating, fishing, walking and cycling trails, award-winning wineries, wildlife experiences, and easy access to Kaikoura, Havelock, Blenheim and the wider Marlborough region.

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.

Business Summary

Key Investment Insights

1. Prime central Picton location, within walking distance of cafes, restaurants, supermarkets, boutique shopping, the waterfront and both Interislander and Bluebridge ferry terminals.
2. Positioned in one of New Zealand's busiest tourism and ferry gateway destinations, supporting consistent visitor demand.
3. 26-unit motel with diverse accommodation mix, comprising three two-bedroom units, two one-bedroom units and 21 studio units including four family studios.
4. Broad market appeal, attracting holidaymakers, business travellers, families, tour groups and ferry passengers, enabling multiple revenue streams.
5. Strong access to regional attractions, serving as a base for Marlborough Sounds, wineries, the Queen Charlotte Track and nearby towns such as Blenheim and Kaikōura.
6. On-site spacious three-bedroom, two-bathroom owner’s residence with adjoining office and reception, facilitating hands-on management and operational efficiency.
7. New 35-year lease to be established for the purchaser, providing long-term security of tenure.
8. Suitable for group and tour bookings given proximity to ferry terminals and tour operator routes, enhancing occupancy potential.
9. Year-round demand potential driven by both tourism and ferry-related travel, reducing seasonality risk.
10. Information Memorandum available subject to confidentiality agreement, indicating structured sale process and availability of detailed operational and financial information.
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