47 Muritai Street, Nelson Long-term leased motel investment
TweetAvailable PropertyFiles:
- 091211 Balmoral Lease.pdf
- 190401 DOA Balmoral Nelson Motel.pdf
- 273433_Title_Leasehold.pdf
- Detailed Engineering Evaluation Report.pdf
- LIM Report 47 Muritai.pdf
- NL2A_12_Title_Freehold.pdf
- NL3C_699_Title_Freehold.pdf
- NL5B_605_Title_Freehold.pdf
Property Description
Key features:• Well-maintained motel complex with a proven operator
• Proximity to Nelson Airport, Tahunanui Beach and key arterial routes underpinning accommodation demand
• Lease term with 21 years remaining to Balmoral Motel Limited, providing exceptional income certainty
An opportunity to secure a freehold commercial investment with a well-established motel on a long-term lease, positioned in a desirable Tahunanui location with excellent visibility and strong street presence.
The property comprises a 729sqm (approximately) motel complex on a generous 2,001sqm (more or less) freehold landholding, leased to Balmoral Motel Limited with 21 years remaining on the current term. The net income of $133,000pa + GST provides passive investors with long-term income security and minimal management requirements.
Strategically located in the heart of Nelson's hospitality and accommodation precinct, the property benefits from proximity to Nelson Airport, Tahunanui Beach and key arterial routes. Residential Zone A zoning supports underlying land value and future flexibility.
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Contact Tony Chaudhary
Bayleys Real Estate Limited, Manukau
Licensed under the REA Act 2008
021995121 tony.chaudhary@bayleys.co.nz All Listings
Tony Chaudhary’s proven strategies for attaining outstanding results for his commercial property clients have seen him rise through the ranks of Bayleys since joining the group 15 years ago. Tony has ranked amongst the company’s Top 5% of agents nationwide every year since joining Bayleys and he was awarded the esteemed title of No 1 Commercial Agent, New Zealand in 2020/2021.
Specialising in the South/East Auckland commercial property sales market, Tony’s expertise is also regularly called upon by his clients throughout the Auckland market as they recognise the value he can add to the real estate table.
Regularly dealing with individual property owners, corporate clients, high-profile national retail groups, and key international property clients, Tony’s business has grown exponentially on the back of repeat and referral business, record sales prices, a changing market, and clever solutions to his clients’ property challenges.
Tony Chaudhary and his team efficiently services a growing national and international client base which values their diligent work, intelligent marketing strategies and proven negotiation skills that Tony has consolidated. Tony and the team invest significant time and energy to ensure that every avenue is pursued to find the right buyer for each property he is entrusted to market.
Deeply established in the Auckland commercial property market, Tony and his team, together with the reputable Bayleys brand, delivers exceptional real estate service to discerning property owners keen to realise true market value in the competitive marketplace.
Contact Harjot Sodhi
Bayleys Real Estate Limited, Manukau
Licensed Under the REA Act 2008
09 273 6666 022 078 6991 harjot.sodhi@bayleys.co.nz All Listings
Harjot Sodhi brings a unique mix of analytical insight and relationship-driven service to commercial real estate. With over five years of experience spanning development, property management, and sales, Harjot has cultivated a deep understanding of how value is created - and how to unlock it for his clients.
Before specialising in commercial sales, Harjot managed national property portfolios and worked in development management, gaining experience in feasibility analysis, design coordination, and lease negotiation. This hands-on background gives him a strategic edge when advising investors, developers, and property owners. Armed with a Bachelor of Property from the University of Auckland, Harjot blends technical expertise with practical know-how to deliver advice that’s both informed and actionable.
What sets Harjot apart is his disciplined approach. Whether he’s repositioning a property, guiding a development, or closing a deal, he brings focus, consistency, and attention to detail- qualities sharpened through years of martial arts training, leadership roles, and personal development. A black belt in Kempo and an endurance athlete, he applies the same mental resilience and drive to his client relationships and professional goals.
At Bayleys South Auckland, Harjot has found the perfect alignment between his values and the company’s renowned reputation for integrity, teamwork, and market leadership. Clients benefit not only from Harjot’s tailored advice and sharp negotiation skills, but also from Bayleys’ expansive marketing reach and trusted brand presence.
Specialising in investment and development opportunities alongside Tony Chaudhary in the South Auckland Commercial office, Harjot is looking forward to helping clients maximise the potential of their commercial assets. His ability to see the bigger picture - while managing every detail with precision - makes him a trusted partner in any property journey.