The Meeanee Hotel presents a rare opportunity to acquire both the freehold land and buildings together with the established hospitality business, offering a genuine turnkey lifestyle and investment opportunity only minutes from Napier and Taradale.
A renowned country tavern with deep local history and strong community patronage, the business has experienced renewed momentum with locals flocking back to the refreshed public bar, restaurant/function space, and charming garden bar featuring established gardens, mature trees, and an outdoor BBQ area. Regular live music, multiple trading areas, a sports bar with TAB facilities, and a gaming lounge with 12 gaming machines underpin a diverse and resilient income profile.
The business is operated by working owners and generates average weekly revenue of approximately $10,000–$15,000, supported by a strong beverage-led model delivering attractive margins. Additional income is derived from TAB commissions, brewery rebates, ATM rental, and pool table takings, while further upside exists through expanded functions and events, extended trading initiatives, and the potential to activate five guest accommodation rooms.
Positioned prominently in the heart of Meeanee, the property enjoys high visibility, dual access points, excellent accessibility to Napier, and ample truck-friendly on-site parking, making it a natural destination for locals, travellers, and transport operators alike.
The substantial 10,906m² landholding includes the hotel complex together with additional residual/grazing land to the rear, offering future flexibility and long-term potential. Complementing the hospitality operation are three separate residential income streams, including a spacious five-bedroom manager’s residence together with two additional dwellings, currently returning a combined gross income of $50,869 per annum.
Existing use rights as a hotel together with the valuable gaming machine licences reinforce the long-term security and strategic value of the asset.
Whether viewed as a hospitality business, a diversified investment, or a lifestyle acquisition with multiple revenue streams, the Meeanee Hotel delivers immediate cashflow, established goodwill, and future growth potential in one tightly held Hawke’s Bay offering.
Features:
* Land Area 10,906m²
* Main Rural Zoning
* 3 Residential Properties
* Operate Bar/Restaurant as Owner