Freehold 35-Unit Motel, Napier

Freehold 35-Unit Motel, Napier — Hospitality & Tourism · Napier, Hawke's Bay

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…

DealProspect/Listings/Hospitality & Tourism

Freehold 35-Unit Motel, Napier

Motel

ActiveHospitality & TourismHawke's BayB2C

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Asking price

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Disclosed · NZD

Revenue

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Earnings

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Implied multiple

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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

Brief

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