Freehold Motel, Rotorua
Motel
ActiveHospitality & TourismBay of PlentyB2C
Asking price
$16,800,000
Disclosed · NZD
Revenue
$2,000,000
TTM
Earnings (est.)
~$384,600
Estimated · comparable listings of this type and size
Implied multiple
n/a
Price includes the property
Brief
- Recently built 40-room motel in Rotorua, one of New Zealand's most recognised tourism destinations
- Sold as a freehold going concern, with property and business together
- Family suites, business and twin rooms; ground-floor units include a private courtyard and individual spa pool
- Reception, breakfast room, outdoor swimming pool and ample on-site parking
- 5,528 sqm freehold commercial site including more than 2,000 sqm of surplus development land
- Scope for future expansion or alternative commercial uses, subject to approvals
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