Business
More from realestate.co.nz:
Agents News

An established motel in a gateway location

78 Wellington Street, Picton

Hotels Motels Lodges B&B
dollar

$900,000 Plus GST (if any)

On this page:

Map

Business details

Listing # 4137026 | Listed on 18 February

Offered to the market is the Jasmine Court Motel, a highly regarded 4-star plus accommodation business with a long-established presence in one of New Zealand’s most strategic tourism locations.

The motel comprises 19 well-appointed units, featuring 12 distinct room configurations, allowing the operation to cater effectively to a broad mix of travellers including ferry passengers, families, couples, and corporate guests. This flexibility, combined with strong presentation and consistent guest satisfaction, underpins the motel’s excellent performance.

Also located on-site is a three-bedroom owners residence making this a compelling opportunity for owner-operators and investors alike seeking a quality hospitality asset in a proven tourism market. The business is supported by a secure long-term lease, with 28 years remaining from 31 March 2026, providing exceptional tenure and long-term operational certainty for an incoming purchaser. Further lease details are available upon completion of a confidentiality agreement.

Set within one of New Zealand’s most iconic coastal destinations with the South Island terminal for both the Interislander and Bluebridge services, the business benefits from a constant and reliable flow of visitors crossing the Cook Strait. This critical connectivity ensures year-round accommodation demand and positions the motel for ongoing, sustainable performance.

For more information or to arrange a viewing, contact Michael Ryan or Jake Arnesen today.

Your notes
Add notes for your personal reference. This can only be seen by you.
Contact the agent
Name  (required)
Email  (required)
Phone
I'd like to enquire about:
Your message
A young family with pets illustration