115-121 Milton Street, Nelson, Nelson

Freehold Investment

Freehold Motel Investment available in The Wood, Nelson. With a lease in place until 2038 purchasers are ensured of secure long term rental income. The motel offers thirteen family style units set amongst immaculate grounds in a stunning location which is only a short walk to the Nelson CBD. Neighboring properties are mostly residential ensuring a peaceful environment for motel guests. The motel enjoys an excellent mix of guests from a variety of market segments with a high amount of return business. Included in the sale is a stand alone 3 bedroom owner/managers residence.