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DealProspect/Listings/Hospitality & Tourism

8-Unit Motel, Rotorua

Motel

ActiveHospitality & TourismBay of PlentyB2C
Asking price
$349,000
Disclosed · NZD
Revenue (est.)
Earnings (est.)
Typical multiple

Brief

  • Centrally located motel near Rotorua CBD, the Polynesian Spa and Lake Rotorua
  • Eight units, mostly studio and two-bedroom, plus one three-bedroom unit
  • 23 years remaining on the lease, expiring 2048
  • Separate two-bedroom owner's flat on site
  • Suited to a first-time buyer entering the motel sector
Listed
10
active
Median asking
$600K
9 priced
Earnings multiple
3.2×
12 listings
Time listed
127d
8 tracked
Asking price spread9 of 10 state a price
This listing · $349K
44%
11%
11%
22%
11%
$250K–$500KOver $5M

New Zealand 83 · Canterbury 9 · Waikato 8

Takeaways 8

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