Palazzo Motel, Nelson

Palazzo Motel, Nelson — Hospitality & Tourism · Nelson · Asking $1,355,400

Top-rated 16-room motel on Rutherford Street in central Nelson, five minutes' walk from the CBD Purpose-built in 2000 and progressively upgraded since, including investment by the current owners over seven years Air-conditioned, double-glazed rooms and suites with designer kitchenettes, smart TVs and spa baths in selected units Strong guest review ratings, including Travellers' Choice recognition…

DealProspect/Listings/Hospitality & Tourism

Palazzo Motel, Nelson

Motel

ActiveHospitality & TourismB2C

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Asking price

$1,355,400

Disclosed · NZD

Revenue (est.)

Earnings (est.)

Typical multiple

Brief

Top-rated 16-room motel on Rutherford Street in central Nelson, five minutes' walk from the CBD
Purpose-built in 2000 and progressively upgraded since, including investment by the current owners over seven years
Air-conditioned, double-glazed rooms and suites with designer kitchenettes, smart TVs and spa baths in selected units
Strong guest review ratings, including Travellers' Choice recognition
Balanced mix of leisure and corporate guests with repeat conference, events and sporting trade
Close to the Rutherford Conference Centre

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