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, [email protected]
Ross Candy, 027 223 3696, [email protected]
***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
Ref: BOP00731
Timestamp: 20240725104502