Motel - Occupancy in the 90's

Hastings

$449,000

Proposed Usage
Tourism & Hospitality
Description:
Property ID
1c0qf6h

Great motel. Large enough to earn you a good income but small enough to manage yourself with a bit of part-time help if needed.

On 'motel row' in Napier - making it close to both shops and the airport. Perfect location for a motel.
Occupancy rates that you don't see very often - consistently in the 90's and as high as 98% quite regularly.
This occupancy rate is able to be maintained as the motel has many regulars, who return time and time again.

The transition from 'paper' bookings to computerised bookings via websites has been certainly impacted on the returns that the owner now achieves.

Call Cathy Thomson - 027 592 6600 for more information.

Price $449,000.

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