Business For Sale. Motel Lease â?? Beach â?? Wineries - Napier

Motel Lease â?? Beach â?? Wineries - Overlooks the Wildlife Estuary

The Albatross Motel located in Napier is a 35 deluxe fully equipped unit complex, situated on three quarters of an acre corner section, with exterior balcony access to most units, and car parking outside most of the guest rooms. The two-story building was built in a prime area around 1980, located close to all amenities, which include the Airport, many of the Hawkes Bay wineries, waterfront restaurants-cafes, boutique shopping, and overlooking the Ahuriri Wildlife Estuary, allowing for a beautiful easy 200m stroll to the Pacific Ocean.

Many features of the tastefully refurbished complex include the 29 studio, 4 x 1 bedroom and 2 x 2 Bedroom units, the indoor swimming pool, spa pool, separate office, meeting room, and motel kitchen. The easy drive in covered registration entrance is the attractive start to the guests relaxing stay.

A further plus is that the Owners accommodation is a separate large 4 bedroom home tastefully consisting of the modern kitchen, large lounge allowing you to relax in private.

This property offers positive cash flow, and many returning visitors. The Albatross Motel is a long-time family owned business and within easy driving distance of the region's most spectacular scenery and year-round recreational and tourist destinations.

The long term lease has 23 years existing with a rent review in October 2013. Current rent per annum is $230,000.

This could be one of the ideal values for money Motel Leases to purchase and build on, whether it is as a partnership, working couple or managed business.

The Albatross Motel is waiting for you to sample the wine, the lifestyle, come and own this pristine property in the sunny Hawkes Bay. You will wonder why you waited so long.