Accommodation for Sale Picton

Why buy this Accommodation Business

Accommodation for Sale Picton

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.