Queenstown Motel & Management Rights Business

Queenstown Motel & Management Rights Business — Hospitality & Tourism · Queenstown, Otago · Asking Open to Offers

17-unit serviced motel and management rights business a 5-minute walk from central Queenstown Mix of one and two-bedroom apartment-style units, six owned freehold and included in the sale Lease runs to 2038 if renewal rights are exercised; live-in manager's apartment included Operated by the current owners since 2018, now retiring Strong post-COVID occupancy and yields

DealProspect/Listings/Hospitality & Tourism

Queenstown Motel & Management Rights Business

Management Rights

ActiveHospitality & TourismOtagoB2C

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Asking price

Open to Offers

Disclosed · NZD

Revenue

—

Earnings

—

Implied multiple

n/a

Price includes the property

Brief

17-unit serviced motel and management rights business a 5-minute walk from central Queenstown
Mix of one and two-bedroom apartment-style units, six owned freehold and included in the sale
Lease runs to 2038 if renewal rights are exercised; live-in manager's apartment included
Operated by the current owners since 2018, now retiring
Strong post-COVID occupancy and yields

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Brief

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