19 Salisbury Road, Awapuni, Gisborne

One back from the beach

Offered for sale as a Freehold going concern, built circa 1960 this motel includes 16 self contained units; 7x studio units, 6x one bedroom units and 3x two bedroom units, plus a spacious two bedroom managers house with ocean views. An easy walk to the city centre, close to public parks and tennis courts, Waikanae Beach Motel is a rare land and business opportunity not to be missed!
Land this close to the ocean seldom comes up for sale. Coupling the very attractive occupancy rates and net annual income makes this a sound investment for cash flow and capital gains.