Kaikoura Leasehold Motel
Motel
ActiveHospitality & TourismCanterburyB2C
Asking price
$790,000
Disclosed · NZD
Revenue (est.)
~$544,415
Estimated · comparable listings of this type and size
Earnings (est.)
~$204,441
Estimated · comparable listings of this type and size
Implied multiple (assumed)
~3.9×
Assumed · asking ÷ estimated earnings (as advertised)
Brief
- Leasehold motel in the picturesque coastal town of Kaikoura, which attracts over 350,000 visitors annually (B2C).
- 20 units across two-bedroom, one-bedroom and studio apartments (three accessible, 11 with spa baths), plus a conference room and heated pool.
- A contemporary three-bedroom owner's quarters connected to reception; recent upgrades throughout (new beds, paint, carpets, double glazing).
- 16 years remaining on the lease (pricing reflects the term); vendor finance available; asking $790,000.
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