Rotorua Freehold Motel with Development Upside

Rotorua Freehold Motel with Development Upside — Hospitality & Tourism · Rotorua · Asking $14,900,000 · Revenue $2,000,000

Modern 40-room freehold motel in Rotorua, one of New Zealand's best-known tourism destinations. Rooms include family, business and twin configurations, most with private courtyard and spa pool. Site sits on 5,528sqm with over 2,000sqm surplus land offering room for further development, subject to consent. Also has a reception area, breakfast room and outdoor pool.

DealProspect/Listings/Hospitality & Tourism

Rotorua Freehold Motel with Development Upside

Motel

ActiveHospitality & TourismBay of PlentyB2C

Find funding for this deal →View original listing ↗

Asking price

$14,900,000

Disclosed · NZD

Revenue

$2,000,000

TTM

Earnings (est.)

Implied multiple

n/a

Price includes the property

Brief

Modern 40-room freehold motel in Rotorua, one of New Zealand's best-known tourism destinations.
Rooms include family, business and twin configurations, most with private courtyard and spa pool.
Site sits on 5,528sqm with over 2,000sqm surplus land offering room for further development, subject to consent.
Also has a reception area, breakfast room and outdoor pool.

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

126d

8 tracked

Asking price spread9 of 10 state a price

This listing · $15M

44%

11%

22%

11%

$250K–$500KOver $5M

New Zealand 83 · Canterbury 9 · Waikato 8

Takeaways 8

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