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151 Wellesley Road, Napier South, Napier, Hawkes Bay, 0 Bedrooms, 0 Bathrooms, Hotel Motel Leisure

By Negotiation

151 Wellesley Road, Napier South, Napier, Hawkes Bay

118m2
370m2
Hotel Motel LeisureListed on Tue Jan 21

Napier South High ROI boarding house Napier

Well located within easy walking distance to Napier CBD, boarding house/s for sale. Freehold land buildings and business.

• Five bedroom house

• Property is upgraded and nicely set up to suit the business

• The business and how it operates is a well run machine with attention to detail

• Business is highly profitable returning circa $75,000pa gross income with opportunity to grow the rental

• Owner happy to pass on the IP as part of the business purchase

• Freehold property in close proximity to Napier town

One of three boarding houses available for sale, each available individually or collectively. Opportunities like this do not come along everyday. This will be a high yielding investment for the purchaser with all the hard work done and the systems in place to pick up and run with the business.

Enquire today for the details

Location

Council Data

DeckYes
View typeNo appreciable view
ContourLevel
Land area371m²
Floor area118m²
Decade of construction1910
TitleHBF3/353
Type of titleFreehold
Legal descriptionLOT 2 DP 2173
CouncilNapier
Estate descriptionFSIM,1/1,LOT 2 DEPOSITED PLAN 2173,370m2
ConstructionExternal Walls: Wood
Roof: Iron
ConditionExternal Walls: Average
Roof: Average

Property history

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Surrounding facilities

Wellesley Road Neighborhood and Surrounding Data

Mortgage

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Ref:NC198012Last update:2025-02-14 17:00:55