35-Unit Motel Lease, Napier
Motel
ActiveHospitality & TourismHawke's BayB2C
Asking price
Price by Negotiation
Disclosed · NZD
Revenue
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Earnings
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Implied multiple
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Brief
- Coastal motel business with 35 units in Napier, offered as a leasehold going concern
- Long secure lease of approximately 28 years
- Premium location just 200m from Westshore Beach, about five minutes' drive from Napier's CBD and domestic airport
- Comes with the use of a sizeable, family-friendly four-bedroom owners' accommodation and a pool
- Mix of unit types attracting a broad clientele
- Scale suits hands-on operators seeking lifestyle flexibility, or investors wanting a regional accommodation asset run under management
- The freehold going concern, with land and buildings, is also available separately
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