Freehold Motel, Rotorua
Motel
ActiveHospitality & TourismBay of PlentyB2C
Asking price
$16,800,000
Disclosed · NZD
Revenue
$2,000,000
TTM
Earnings (est.)
~$387,600
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
Motels in Bay of Plenty
All 9 →Listed
9
active
Median asking
$979K
7 priced
Earnings multiple
3.2×
27 listings
Asking price spread7 of 9 state a price
This listing · $17M
14%
$250K–$500KOver $5M
New Zealand 83 · Canterbury 11 · Northland 9 · Manawatu-Whanganui 8
General retail businesses 11 · Takeaways 10 · Building and construction businesses 9 · Restaurants 9
Priced like this one
All 9 →- Freehold Rotorua Holiday Park, NgongotahāHoliday Park · Ngongotahā, Rotorua · $3,200,000+
- Quest Nelson – Franchise Serviced Apartment HotelHotel · $2,590,000
- Beaumont Apartments Management Rights, Mount MaunganuiManagement Rights · Bay of Plenty · $2,495,000
- Central Christchurch Hotel - Leasehold BusinessMotel · Canterbury · $2,450,000
- Aotea Motor Lodge – WhanganuiMotel · Manawatū-Whanganui · $1,795,000
- All-Day Eatery & Bar – Auckland Urban FringeRestaurant · Auckland Surrounds · $1,690,000