Napier Central, Napier City

If it is scale and size, you are looking for, look no further.This massive 35-unit freehold going concern motel, with 4-bedroom owners' residence, presents the opportunity to own premium freehold real estate in one of NZ's premier tourism destinations, Napier, Hawkes Bay.With well-maintained buildings and infrastructure, set on a massive 3,025 sqm (more or less) flat, corner site, just 200m away from Napier's safest & most popular swimming beach, Westshore Beach.Picturesque views overlooking the Ahuriri Wildlife Estuary Reserve and its walkways and a short distance to the CBD, this is a land bank or development dream and or, a heck of motel to add to an accommodation portfolio.Functional layout catering to modern guest expectations, coupled with scale sufficient for both owner-operator and passive investor models, ensure this is a motel that offers a fully operational accommodation business with valuable freehold real estate in a tightly held market.This motel offers a unique combination of location, income and upside potential, making it a highly attractive acquisition. Opportunities to acquire a freehold going concern motel in Napier, particularly of this scale, and with such a premium location are increasingly scarce. We suggest acting now.Please be aware that some of this information may have been sourced from RPNZ/ Property Guru/ Land Information New Zealand and we have not been able to verify the accuracy of same. Any boundary lines shown on an image are indicative only.An Information Memorandum is available to download from our website coffeys.co.nz.Some details of this listing are confidential and can only be disclosed upon completion of a confidentiality agreement, included in the Information Memorandum.Price by Negotiation.We would welcome your enquiry via this website or direct to CHRIS D’ANVERS.