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Picton Treasure

30 Waikawa Road, Picton

Hotels Motels Lodges B&B
dollar

$850,000 Including GST (if any)

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Listing # L34905425 | Listed on 6 June

LOCATION
With stunning views of Queen Charlotte Sound , Picton is a vibrant and picturesque port town. It serves as 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
Comprising a 13 unit Motel occupying an elevated corner site situated in central Picton. With a northerly aspect Harbour View Motel benefits from all day sun. A well maintained motel and a credit to the current owners. The motel offers a versatile mix of well appointed studio units - ideal for accommodating a wide range of guest needs, whether short-term or extended stays.

OWNER'S RESIDENCE
The manager's accommodation is a comfortable two-bedroom unit facing the waterfront. Designed over two levels it offers both privacy and practicality. Conveniently located near 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 26 years remaining as of 30 May 2025, providing peace of mind and business stability.

TURNOVER
For 2025 is $725,870.93

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,

For further information on the Business Lease of Harbour View Motel for sale in Picton please call Iain Bradley on 021 281 4007 or email [email protected]

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