Napier Motel - Small but Great Earner

Hastings

$399,000

Proposed Usage
Tourism & Hospitality
Description:
Property ID
1c0qf6h

If you are looking for a location - this motel has it. Short drive to the airport and Napier CBD.

This motel proves that size isn't everything. It has a really good return to the owner. This return could be even better if you ran the motel yourself as at present it is fully managed.

The hard work of bringing the booking system into the current age and creating a website has been done, and this has been a turning point for the motel. This has resulted in an increase in turnover and outstanding occupancy rates. Occupancy is around 83% - good by anyone's standards.

The motel has many long-standing regulars who enjoy the spacious rooms and central location.

Call Cathy Thomson 027 592 6600 for more information.

Price $399,000.

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