18 Tasman Street Collingwood, Tasman District

If you are looking to move to Golden Bay for a "sea change", here's a rare Home & Income opportunity in the heart of Collingwood, with the potential income from three existing motel units. The easy care site also lends itself to a joint purchase of four lock-up-and-leave holiday units in beautiful Golden Bay for under $300k each.

Located across the road from the pub, near the cafe, shop, beach and boat ramp, this property was run as a motel prior to the pandemic. The buildings have a combined footprint of approx. 500sqm and the land is zoned commercial. Formerly the managers residence, the two storey building has upstairs open plan living, with a large covered balcony, two bedrooms and family bathroom. The ground floor comprises garage, store room, laundry and studio unit.

Each of the three self-contained holiday units has a modern walk-in shower room, a heat pump for year round comfort, and comes fully furnished. The streetside unit has two double bedrooms and a single, it was once a hairdressing salon, and would make a great shop. Units 1 & 2 each have two double bedrooms. There are two water sources, and the property is connected to the town sewer. With no lawn to worry about, the utility areas are concrete and car parking is gravel.

Collingwood is the northernmost town in Golden Bay, it is the base for the world-famous Farewell Spit Nature tours which bring visitors to the area (and needing a place to stay) all year round. This is also one of the gateways to Kahurangi NP and the Heaphy Track. The whole area is renowned for its natural beauty, great fishing, outstanding bird watching, and backcountry adventures.

Offered as viewed, vacant, furnished and ready to roll this summer. Imagine what this investment could mean for you, your family, or perhaps a group of like minded friends. Asking price $1,000,000 plus GST if any ($1,150,000)

Joint listing. For full details and an appointment to view, call:
Geoff Faulkner at Colliers Nelson - mob 027 213 6266
Billy Kerrisk at Ray White Golden Bay - mob 027 608 5606