Queenstown Motel & Management Rights Business
Management Rights
ActiveHospitality & TourismOtagoB2C
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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