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Tourism

1 Lightband Road Brightwater, Tasman District

Sold for $3,200,000 on 17 Nov 2021
  • Building: 2,124m²
  • Land: 1.4095 ha (3.48 acres)
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Tourism in Brightwater

Exceptional Opportunity

  • Building: 2,124m²
  • Land: 1.4095 ha (3.48 acres)

So much on offer here on the fringe of fast-growing Brightwater.
The Brightwater Motor Inn & conference center has seen some significant increase in turnover over the past few years through astute management & capital investment, presenting an insightful buyer a quality investment, or owner-occupied business.
The land size is a large 1.4095 hectares zoned Tourism Services.
Tourist Services Zone provides for a range of activities & facilities associated with tourism, accommodation, sports, recreation, art & conferences, cafes, restaurants & retail outlets.
Currently NZTA stats have 11,500 vehicles passing daily.
A comprehensive development. The complex includes two large full-service bars. A large restaurant & conference room, bottle store, off license, large commercial kitchen with ample freezer and cool stores, office, two garden bars. 18 motel units, workshop, two bunk houses & a 3-bedroom home.
The 18 Motel units are of mixed sizes & have well above industry occupancy standards. A broad range of essential service works utilise this motel including numberous trucking companies resulting is solid high percentage of occupancy.
The workshop also has resource consent to retrofit & use for a small scale commercial automotive electrical repair outlet. Room for 4 to 6 vehicles. The 3-bedroom house is ideal for management, owner accommodation or rent return.
There are 2 blocks of bunk houses that also bring in revenue from long term accommodation.
The site is far from maximised & further income could be derived in several ways. Much of the site is in grass or olive trees and unused.
My vendors have 'brought back the locals' to this complex with solid repeat business. The opportunity is with you to reap the benefits of their labour and bring new ideas in expanding the already significant income.

This sale is PLUS GST (IF ANY) To be sold as a Freehold Going Concern

Contact Iain MacFadyen for an exclusive viewing.
Some mapping sites address this complex as 1 River Terrace Rd.

Property ID:

NEL22137

Building:

2,124m²

Land:

1.4095 ha / 3.48 acres

Zone:

Commercial (8D)

Tenancy:

Vacant

1 Lightband Road, Brightwater, Tasman District