Long-Standing Business for Sale

The Colonial Lodge Motel is a thriving going concern and an excellent opportunity to acquire a well-established motel in the heart of Taradale, Napier.

Set on 4,324m² of freehold land, this 19-unit complex offers a range of accommodation including one-bedroom units, studios, and two-bedroom units. Guest facilities include a games room, laundry, spa room, and a heated inground pool. The property also features a spacious four-bedroom manager’s residence for convenient onsite living.

Strong occupancy rates reflect the motel’s solid reputation and wide appeal to leisure travellers, families, corporate clients, contractors, and small event groups. Located in a popular Hawke’s Bay tourism region, the motel benefits from increasing visitor numbers, ensuring a steady flow of guests and reliable income.

With limited competition nearby, the motel is within walking distance of Taradale and just 8km from central Napier. Ample on-site parking and well-maintained facilities combine with a strategic location set to benefit from several major infrastructure projects, making this an outstanding investment opportunity primed for continued success.
 
Contact Danny Blair on 021 826 496 today for further information.

Features:
* 19-unit motel on freehold land with manager’s residence.
* Well-maintained motel complex and grounds
* Strong trading figures
* High-profile site in an established suburban location


More information: https://www.colliers.co.nz/p-NZL67036104

Agency reference #: NZL67036104