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27-29 Tarbert Street, Alexandra

Lodge

ActiveHospitality & TourismOtagoB2B & B2C
Asking price
~$255,000
est. from asset value · NZD
Revenue
—
Earnings
—
Implied multiple
n/a
Price includes the property

Brief

  • Two-level 1930s commercial building in central Alexandra, with ground-floor retail/office tenancies and first-floor accommodation
  • Upper floor trades as Whitelock Lodge, a newly renovated 13-room going concern for medium-to-long-stay guests
  • Seismic rating assessed at over 80% NBS
  • Three ground-floor tenants on leases with roughly 0.3 to 4 years remaining
  • Sale combines a freehold investment (tenanted ground floor) with the owner-operated lodge business upstairs

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