This Motel Has Location

Napier City
Reference: HB840
Motel / Motor Lodge
Business Lease $985,000

Situated on Meeanee Quay, the northern gateway to Napier City. This beach front 23-unit motel complex is handy to the airport, CBD, Ahuriri Wildlife Reserve, cycleways, walkways & Westshore beach for safe swimming.

Offering a great mix of accommodation, with studios (standard, executive and premier executive), one-bedroom suites (standard and executive) and two-bedroom units. Recent refurbishment has been carried out.

A huge bonus here is a sizable indoor, year-round heated swimming pool, with plenty of room for the kids to run around in. There is an onsite restaurant which is run under a separate sublease ... so you don't need to run it, just enjoy the business that it brings through the door.

Located right on the Pacific Ocean this well-presented profitable business is waiting for new owners. A large, spacious 3-4 bedroom owners home plus private courtyard attached and a double garage with work bench completes the picture.

Enquire today, our vendor is wanting to sell.

Some details of this listing are confidential and can only be disclosed upon completion of a confidentiality agreement, included in the Information Memorandum available on our website.

We would welcome your enquiry on the Business Lease of this Motel for sale in Napier via our website or by phoning PETER MCGRATH on 0800 263339, DDI 06 929 7681 or 027 449 1608.

Enquire Now

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Peter McGrath

Peter’s early career was in farming before new challenges where called for. The first of these was the development of a large and successful hydroponic rose growing enterprise, followed by a career shift to satisfy a long time interest in real estate.

Back to University to polish his professional skills and knowledge, he gained a Post Graduate Degree in Business Studies (Real Estate). He has run his own agency and sold residential, lifestyle and rural properties. Peter is excited to be on the Coffeys team and is confident of good times ahead in the tourism market.

Communication is key to Peter’s success. He is a people person, a lateral thinker and always assists his clients with sale process while striving to achieve the best possible outcome. Knowledge of property, marketing skills and a no stone unturned attitude enable him to find the best match for buyers and sellers.

Peter and his wife Jo have raised four children and now have four dearly beloved grandchildren. If any spare time is available, Peter will grab a fishing rod or brush the dust of the golf clubs.