Freehold Motel, Rotorua

Freehold Motel, Rotorua — Hospitality & Tourism · Rotorua · Asking $2,990,000

Freehold going-concern motel on Fenton Street in the heart of Rotorua's Golden Mile tourism precinct. Comprises 13 well-presented units, including studios and one-bedroom units. Units fully renovated and refurbished in 2019, offering low-maintenance modern accommodation. Strong guest reviews and an established trading history. Sale includes land, buildings and business in one of New Zealand's…

DealProspect/Listings/Hospitality & Tourism

Freehold Motel, Rotorua

Motel

ActiveHospitality & TourismBay of PlentyB2C

Find funding for this deal →View original listing ↗

Asking price

$2,990,000

Disclosed · NZD

Revenue

—

Earnings

—

Implied multiple

n/a

Price includes the property

Brief

Freehold going-concern motel on Fenton Street in the heart of Rotorua's Golden Mile tourism precinct.
Comprises 13 well-presented units, including studios and one-bedroom units.
Units fully renovated and refurbished in 2019, offering low-maintenance modern accommodation.
Strong guest reviews and an established trading history.
Sale includes land, buildings and business in one of New Zealand's premier tourist destinations.

Motels in Bay of Plenty

Motels for sale in Bay of Plenty (10) →

Listed

active

Median asking

$600K

9 priced

Earnings multiple

3.2×

12 listings

Time listed

124d

8 tracked

Asking price spread9 of 10 state a price

This listing · $3M

44%

11%

22%

11%

$250K–$500KOver $5M

New Zealand 83 · Canterbury 9 · Waikato 8

Takeaways 8

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