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Westshore, 56 Meeanee Quay

A Life Changing Opportunity

$695,000 Plus GST (if any)

  • Listing Number: NA5887
Property Information
- 36 units plus 4 bedroom owners accommodation
- Units regularly upgraded
- Swimming pool and spa
- 17 years remaining on the lease
- Well located on main entry to Napier
- Member of prominent NZ owned motel chain

If you are looking for a life changing opportunity then look no further. This motel business is just a short drive from Napier CBD and Ahuriri and gives you the opportunity to enter a high performing Motel with solid foundation for growth. Occupancy levels and growth on steady upwards trend. Modern owners accommodation with 4 bedrooms , modern kitchen and large living areas compliment.

All the famed Hawke's Bay wineries are within easy reach, as are the expanding cycle trails, and the vibrant Ahuriri restaurant and café scene. The motel has commanding views of the estuary and wildlife lagoon opposite.

Priced to sell, all serious offers will be considered.

Call me now for more information.
Business descriptionAccommodation
Business NameAlbatross Motel
Property TypeTourism / Motel / Hotel, Accommodation
Lease details
Rent $Rent: $233,100, Per: year, excl GST
StartApril 2004
To2034
ROR10 years
Reviews2 years
Franchisor / licensorGolden Chain
Listing price details
Total (plus GST if applicable) $695000
Number of staff
Part time8
Full time2 proprietors

Contact Details

Napier

Regent Realty Ltd

Licensed REAA 2008

308 Hastings Street
Napier South
Napier
Office website

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