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 position on Meeanee Quay, directly facing the Pacific Ocean, offering strong curb appeal and premium location benefits.
2. 23-unit motel complex with a diverse room mix: studios (standard, executive, premier executive), one-bedroom suites (standard and executive), and two-bedroom units, enabling varied guest segmentation.
3. Recent refurbishment completed, reducing immediate capex and improving guest experience and market competitiveness.
4. Onsite year-round heated indoor swimming pool, a family-friendly amenity that supports higher occupancy and off-season appeal.
5. Onsite restaurant generating income under a separate sublease, providing revenue without operator responsibility.
6. Profitable operating history indicated, presented as a well-presented profitable business ready for new owners.
7. Large attached 3–4 bedroom owners' residence with private courtyard and double garage with work bench, supporting live‑on-site ownership and operational oversight.
8. Proximity to transport and attractions: handy to the airport, Napier CBD, Ahuriri Wildlife Reserve, cycleways, walkways and Westshore beach for safe swimming, enhancing year‑round demand.
9. Northern gateway to Napier City location, implying strong visibility and easy access for travellers.
10. Vendor-motivated sale with a recent big price drop and availability of an Information Memorandum subject to confidentiality, indicating potential for timely transaction and due diligence.
