Napier, North Island
Beachfront Home and Income Opportunity Act Now
Business Lease $895,000
Business Description
Situated on Meeanee Quay, the northern gateway to Napier City is AN AMAZING OPPORTUNITY, it gets better with a big price drop.
This beach front 23-unit motel complex is handy to the airport, CBD, Ahuriri Wildlife Reserve, cycleways, walkways & Westshore beach for safe swimming.
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 have fun. There is an onsite restaurant which is run under a separate sublease … so you don't need to run it, just enjoy the income and 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.
Don't miss this chance, make the most of this opportunity to have a home and income by the beach.
CALL NOW our vendor is wanting to sell!
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.
We would welcome your enquiry on the Business Lease of this Motel for sale in Napier via this website or direct to DAMON MACKENZIE.
Business Summary
Key Investment Insights
1. Beachfront 23‑unit motel located on Meeanee Quay, the northern gateway to Napier City, directly on the Pacific Ocean.
2. Proximity to airport, Napier CBD, Ahuriri Wildlife Reserve, cycleways, walkways and Westshore beach for safe swimming.
3. Mixed accommodation offering studios (standard, executive, premier executive), one‑bed suites (standard and executive) and two‑bed units, supporting diverse guest segments.
4. Recent refurbishment completed, indicating refreshed inventory and reduced immediate capex needs.
5. Year‑round indoor heated swimming pool, family‑friendly feature likely to boost occupancy and length of stay.
6. Onsite restaurant operating under a separate sublease, providing rental income and guest food service without operator responsibility.
7. Profitable trading history stated, positioning as an income‑generating opportunity.
8. Large, spacious 3–4 bedroom owners’ residence attached, with private courtyard, enabling on‑site owner accommodation.
9. Double garage with work bench, offering practical storage and maintenance space.
10. Notable recent price reduction and vendor motivated to sell, suggesting potential for negotiation.
11. Some listing details are confidential and require a signed confidentiality agreement to access the Information Memorandum.
12. Available as a business lease, enquiries handled via agent Damon Mackenzie and Information Memorandum downloadable from coffeys.co.nz.
