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 our website or direct to either DAMON MACKENZIE: ---------- or ---------- or ---------- PETER MCGRATH via SMS ---------- , E: ---------- .
Business Summary
Key Investment Insights
1. Beachfront location on Meeanee Quay, directly on the Pacific Ocean, offering strong location appeal and beach access.
2. 23-unit motel complex, providing scale for revenue diversification across multiple accommodation types.
3. Wide mix of units including studios, one-bedroom suites and two-bedroom units, enabling varied market targeting.
4. Recent refurbishment completed, reducing immediate capital expenditure for the new owner.
5. Year round indoor heated swimming pool, a family-friendly attraction that enhances guest appeal and occupancy potential.
6. Onsite restaurant operated under a separate sublease, generating income without requiring owner operation.
7. Proximity to key amenities including Napier airport, CBD, Ahuriri Wildlife Reserve, cycleways, walkways and Westshore beach for safe swimming.
8. Includes a large three to four bedroom owners home with private courtyard and a double garage with work bench, supporting live‑on‑site ownership.
9. Listed as a profitable, well presented business, signalling operational viability for a buyer.
10. Vendor motivated with a significant price reduction, presenting a potential opportunity for value acquisition.
11. Information Memorandum available through the agent, with additional confidential details released upon signing a confidentiality agreement.
