Listing #:4721553972

Napier Gem with Art Deco Special Attraction

Location: Napier, Hawke's Bay
This is the perfect-sized motel for a lifestyle with a great work-life balance yet offering a very attractive income without the need to be buried in the business – and – with a very attractive 20 year lease!

The 12 spacious units offer a great opportunity to get into the tourism accommodation market – or simply to add to an existing portfolio. Includes a very, very spacious owner’s home with 3 bedrooms and 2 bathrooms, not often found in a motel - so a perfect opportunity to give up the corporate or government department life – move the kids and the dog to popular Napier!

Gardner Court is loved by guests for its warm, cosy feel – close enough to town for a stroll to all attractions, yet a little away from the excesses of busy tourists!

The motel has been substantially refurbished and offers a hugely popular fully Art Deco apartment for larger family groups. A lovely in-ground pool is an extra attraction. You really do need to come and view this little gem!

• Significant net profit
• Impressive ROI
• 20-year lease
• 12 spacious units
• In-ground pool
• Plenty of parking
• Close to town and attractions
• Very attractive owner’s home


Call Ross or Gordon now for an appointment to view.

Gordon Fridge, 022 156 9330, gordon.fridge@linkbusiness.co.nz
Ross Candy, 027 223 3696, ross.candy@linkbusiness.co.nz

***Some details of the business for sale are confidential and can only be disclosed upon contacting the broker and a completion of a Confidentiality Agreement. Due to the confidentiality of this business a stock photo image may be used to represent the business.

#wesellbusinesses #napier #accommodation #GardnerCourt #motel

Agency reference #: BOP00731
Asking price: $1,095,000
Listed: Tue 21 May, 4:40 pm
Ross Candy
Bay Business Brokers Ltd Lic. REAA 2008
  • Contact details
  •  (07) 5794994
  •  (027) 2233696

Advertisement

Agent's details

Ross Candy
  •  (07) 5794994
  •  (027) 2233696
Bay Business Brokers Ltd Lic. REAA 2008
(0800) 225999

Email the agent

Log in or register to email the agent.
Expires: Wed 3 Jul, 4:03 am
Page Views
1455