Spanish Lady Motel $449,000plus GST (if any)

Address

348 Kennedy Road
Napier

Region
: Hawke's Bay
No. of Units: 10
Property ID: 1295
DANCING ALL THE WAY TO THE BANK

First time moteliers please take note of this little gem. Spanish Lady is great starter motel for purchasers coming into the accommodation industry for the first time. The motel can easily be managed by one person. It comes with a long lease and modest rent.

The motel is conveniently located on Kennedy Road, one of the main arterial routes into Napier. The motel has a wide road frontage and good signage, a definite plus for walk-in trades. The tariffs are very attractive thus resulting in its high occupancy.

Lease term: To 30th September 2036

The motel consists of 10 units:       
  • 8 x One bedroom units
  • 2 x Two bedroom units
Other facilities:
  • All units air conditioned
  • In-ground swimming pool
  • Children’s play area
  • Ample parking

Manager’s Accommodation:

The owner’s accommodation consists of 2 bedrooms plus an office.

 

Disclaimer: The information on the website and associated documents have been provided by third parties and while every care has been taken in the preparation, we do not accept any responsibility for the accuracy of the whole or any part. Interested parties are advised to make their own enquires and satisfy themselves in all respects.

 


Contact Agent
Arthur Fong
P: +64 9 528 9787
M: 021 941 240

Interested in this Property?

Then either complete the form below, and we will get back to you promptly, or call
Arthur Fong on Mobile: 021 941 240 or Phone: +64 9 528 9787.

 
Contact Agent
Arthur Fong
P: +64 9 528 9787
M: 021 941 240

If you would like to send this property to a friend that you think may be interested, please complete the form below. To send this property to multiple friends, enter each email separated by a comma in the 'Friends Email' field.

 
Contact Agent
Arthur Fong
P: +64 9 528 9787
M: 021 941 240

View Motel listings by category