Whitelock Lodge Freehold Going Concern, Alexandra
Lodge
ActivePropertyOtagoB2B
Asking price
~$124,335
est. from 1× revenue · NZD
Revenue
$124,335
TTM
Earnings (est.)
~$36,269
Estimated · comparable listings of this type and size
Implied multiple
n/a
Price includes the property
Brief
- 1930s two-level commercial building in the Alexandra town centre — a freehold investment (ground floor) plus an owner-operated lodge (first floor) (B2B/property).
- Ground-floor retail and office tenants (House of Travel, McLarens, Oh My) alongside the brand-new Whitelock Lodge, with total net market rent of $124,335 p.a.
- Whitelock Lodge offers 13 private rooms with shared facilities for medium-to-long-term stays, consented for up to 32 occupants (4-week minimum).
- Seismic rating assessed as likely above 80% NBS; going-concern value assessed at $255,000; price on application.
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