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Freehold Motel, Tairua

Motel

ActiveHospitality & TourismWaikatoB2C
Asking price
$2,800,000
Disclosed · NZD
Revenue
—
Earnings
—
Implied multiple
n/a
Price includes the property

Brief

  • Freehold motel a few minutes' walk from Tairua township, opposite the estuary and wharf
  • Nine well-maintained motel units plus a recently refurbished three-bedroom owner's home
  • 4.5-star TripAdvisor rating
  • Consent already obtained for additional units, with scope to unit-title or sell down components
  • Easily run by a couple
Listed
8
active
Median asking
$1.5M
5 priced
Earnings multiple
3.2×
12 listings
Asking price spread5 of 8 state a price
This listing · $2.8M
20%
60%
20%
$500K–$1M$2.5M–$5M

New Zealand 83 · Bay of Plenty 10 · Canterbury 9

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