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Palm City Motor Inn

Price on Application

Business Hawkes Bay

ID: 1632

Palm City Motor Inn

Property Name:
Palm City Motor Inn
Address:
31 Georges Drive, Napier
Property Type:
Motels
Sale Type:
Business
Price:
Price on Application 
Region:
Hawkes Bay
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Brent Hannah

Brent Hannah

Broker | Hawkes Bay, Gisborne

M: +64 21 359 678

brent[at]resortbrokers[dot]co[dot]nz

Reasons to buy

  • Very profitable trading results
  • Spacious owners residence
  • Could suit a family or partnership operation

Brent Hannah

Broker | Hawkes Bay, Gisborne

Contact Agent

Brent Hannah

Mob: +64 21 359 678

Email: brent[at]resortbrokers[dot]co[dot]nz

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The Complete Motel Complex

 

Palm City is conveniently located 1km from Napiers inner city, close proximity to sports stadiums, cycle trails, Hawkes Bay's famed wineries, and the Napier/Ahuriri vibrant restaurant and café scene.

This 4 star complex offers superior accommodation, with a variation of unit design, including large apartments.

Guest amenities include: large swimming pool, private spa room, conference facility and fully licensed restaurant and bar.

The units present extremely well, and considerable refurbishment has been recently completed.
The motel enjoys a regular and repeat corporate clientele, together with national and international travellers and holidaymakers.

Approximate Yield:

23%

Disclaimer: We do not accept responsibility for mis-statement or error contained on this site. Interested persons should rely on their own enquiry. All prices are plus GST if any unless otherwise stated. If the transaction is recognised as a going concern then the sale should be zero rated.

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Print + Watchlist View Similar Listings
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Brent Hannah

Brent Hannah

Broker | Hawkes Bay, Gisborne

M: +64 21 359 678

brent[at]resortbrokers[dot]co[dot]nz

Confidentiality

To access information about this listing please follow the link below and complete the Confidentiality Agreement Form.

Confidentiality Agreement Form

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