Napier, North Island

Napier Motel Land and Buildings Investment

Land and Buildings $6,585,000

Business Description

Located just off State Highway 2 the main arterial into Napier, and just 200m from the popular Westshore Beach, and walking distance into the CBD, this motel caters to a range of clientele including many regular repeat corporates ensuring your lessee's success.

Boasting a generous 3,025 (more or less) sqm of land & 35 units, with size comes scale, and an attractive investment opportunity.

An excellent rental yield is what is presented here, with this freehold motel in excellent condition, in a top strategic location with a long secure lease through to 31 March 2054.

The 35 units include studios, premium studio’s, one bedroom & two-bedroom suites. All units are air conditioned and have recently been upgraded to a high standard. Facilities include…

- Motel kitchen
- Bistro
- Swimming pool, & Spa complex
- Motel laundry, guest laundry
- Ample off-street parking, including space for trucks

An aspect worth consideration is the large spacious four-bedroom home with generous living areas that comes with the freehold investment.

The motel has a lovely aspect and enjoys views over the Ahuriri Wildlife Estuary Reserve and its pleasant walkways.

If it is a freehold investment motel, in a major city with a long secure lease, strong rental yield, size, & superior location, then this is the opportunity you have been looking for. Call me now to discuss.

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.

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 via this website or direct to CHRIS D’ANVERS.

Business Summary

Marketing Agent

Chris D'Anvers

Coffeys

Key Investment Insights

AI generated. Confirm details with the seller.

1. Freehold motel land and buildings investment, 3,025 sqm (more or less), offering scale and redevelopment or expansion potential.
2. 35 units across studios, premium studios, one‑bedroom and two‑bedroom suites, enabling diverse revenue mix.
3. All units air conditioned and recently upgraded to a high standard, reducing short‑term capital expenditure.
4. Long secure lease in place through 31 March 2054, providing stable, long‑term rental income.
5. Advertised as delivering an excellent rental yield, positioned as a strong income asset.
6. Regular repeat corporate clientele, supporting consistent occupancy and cashflow.
7. Prime strategic location just off State Highway 2, 200 metres from Westshore Beach, and within walking distance to Napier CBD.
8. Scenic outlook over the Ahuriri Wildlife Estuary Reserve and adjacent walkways, adding guest appeal.
9. On‑site amenities include motel kitchen, bistro, swimming pool and spa complex, motel laundry and guest laundry, enhancing guest experience and ancillary revenue.
10. Ample off‑street parking, including truck parking, supporting larger vehicle access and group bookings.
11. Includes a large four‑bedroom home with generous living areas as part of the freehold, offering owner/manager accommodation or additional rental use.
12. Information memorandum available, some listing details are confidential and certain information sourced externally may be unverified, requiring due diligence and a confidentiality agreement for full disclosure.