Broker | Hawkes Bay, Gisborne, Wellington & Taupo
In recent years this motel has undergone substantial refurbishment and redecoration, which has reflected in the trading results.
Napier City is a sought after destination, with many regular and popular events, and is reputed as being the Art Deco Centre of NZ. Accommodation facilities enjoy many nights occupancy from " Art Deco " celebrations.
The motel has been scrupulously maintained, chattels are of a high standard, the units all have air conditioning and central heating. The owners accommodation is 2 bedroomed but could easily be converted to three. A separate and private outdoor living area compliment the accommodation.
The motel is centrally located close to the city CBD, Hawkes Bay's famed wineries, sports arenas and the Hawkes Bay EIT Education Centre.
The consistent trading results show a 25% return on the investment.
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