Freehold 35-Unit Motel, Napier
Motel
ActiveHospitality & TourismHawke's BayB2C
Asking price
N/A
Disclosed · NZD
Revenue
—
EBITDA
—
Implied multiple
n/a
Price includes the property
Brief
- 35-unit freehold going concern motel in Napier, sold with a four-bedroom owners' residence
- Well-maintained buildings and infrastructure on a 3,025 sqm flat corner site
- 200m from Westshore Beach, with views over the Ahuriri Wildlife Estuary Reserve and its walkways, and a short distance to the CBD
- Functional layout catering to modern guest expectations
- Scale suits both owner-operator and passive investor models
- Combines a fully operational accommodation business with freehold real estate in a tightly held market
- Land banking or development potential given the site size and corner position
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