Waikanae Beach Motel, Gisborne

No. of Rooms:
16 rooms in total, set on 2 levels comprising of 7 x studios, 6 x 1 bedroom units and 3 x 2 bedroom unit.

Owner's Apartment:
Owner's accommodation consists of a two level 3/4 bedroom + 1.5 bathroom home with a private balcony and huge courtyard. Lovely sizable kitchen that is on the bottom level. The reception/office area is conveniently located on the lower level.

Age:
Built 1960's

Features:
Set on 2024m2 and just one block back from in demand Waikanae Beach with clear access to the waves. Presently run as a successful business offering good returns, the Waikanae beach Motel gives you the best of both worlds, beach life and a short walk to Gisborne city.

Broader thinking will allow for multiple options such unit titling, rental investments or further motel expansion.

Vendors to consider part trades.


Financials:
Available upon signing a Confidentiality Agreement obtained from Agent.

Contact:
For further information please contact the Vendor's sole agent Gordon Fridge 0274 736 291 or email gord@resortbrokers.co.nz