Leasehold Motel, Mount Maunganui
Motel
ActiveHospitality & TourismBay of PlentyB2C
Asking price
$1,395,000
Disclosed · NZD
Revenue (est.)
~$961,340
Estimated · comparable listings of this type and size
Earnings (est.)
~$372,000
Estimated · comparable listings of this type and size
Implied multiple (assumed)
~3.8×
Assumed · asking ÷ estimated earnings (as advertised)
Brief
- Well-established leasehold motel in the heart of Mount Maunganui, 150 metres from the beach
- Long secure lease expiring September 2047
- 16 units across studio, one- and two-bedroom configurations
- Owner's three-bedroom residence, conference facilities and a heated pool
- Year-round demand from holiday, corporate and sporting visitors
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