Freehold Motel Investment on the Beachfront


359 Marine Parade, Napier

Auction

Download Email
Freehold Motel Investment on the Beachfront | 359 Marine Parade, Napier | 1682307 |      X Close
Image
Description

Freehold Motel Investment on the Beachfront


Motel lease runs until 2040, with two yearly market rent reviews, providing excellent annual returns.

Situated on Napier's Marine Parade, this prime investment is ready for the next owner to take over and reap the rewards of this desirable investment.

Edgewater Motor Lodge is just a short walk to the town centre and adjacent to the excellent family amenities and attractions offered within the Marine Parade area of Napier. The tastefully decorated and recently refurbished modern rooms are ideal for couples and families in need of space and kitchen facilities.

With New Zealand tourist visitor numbers expected to grow by more than 44% over the next 7 years this property is a must have for any astute investors portfolio.

Please contact Paul or Sam for further details

359 Marine Parade, Napier

Open in map