Rotorua Motel, Central Location

Rotorua Motel, Central Location — Hospitality & Tourism · Rotorua · Asking $349,000

Centrally located motel in Rotorua, close to the CBD, Central Mall and Polynesian Spa 8 units: a mix of studio, two-bedroom and one three-bedroom unit Long lease with 23 years remaining, expiring in 2048 Separate two-bedroom owner's/manager's flat on site An entry-level opportunity in Rotorua's accommodation market

DealProspect/Listings/Hospitality & Tourism

Rotorua Motel, Central Location

Motel

ActiveHospitality & TourismBay of PlentyB2C

Find funding for this deal →View original listing ↗

Asking price

$349,000

Disclosed · NZD

Revenue (est.)

~$280,051

Estimated · comparable listings of this type and size · typically within ±30%

Earnings (est.)

~$94,498

Estimated · comparable listings of this type and size · typically within ±25%

Typical multiple

~3.7×

comparable listings of this type and size · typically within ±25%

Brief

Centrally located motel in Rotorua, close to the CBD, Central Mall and Polynesian Spa
8 units: a mix of studio, two-bedroom and one three-bedroom unit
Long lease with 23 years remaining, expiring in 2048
Separate two-bedroom owner's/manager's flat on site
An entry-level opportunity in Rotorua's accommodation market

Motels in Bay of Plenty

Motels for sale in Bay of Plenty (10) →

Listed

+1 in 30 days

Median asking

$998K

8 priced

Earnings multiple

3.2×

15 listings

Price drops

in 30 days

Asking price spread8 of 10 state a price

This listing · $349K

38%

13%

25%

13%

$250K–$500KOver $5M

New Zealand 82 · Canterbury 9 · Waikato 9 · Northland 8

Takeaways 8

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