8-Unit Motel, Rotorua
Motel
ActiveHospitality & TourismBay of PlentyB2C
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
Motels in Bay of Plenty
Motels for sale in Bay of Plenty (10) →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
11%
$250K–$500KOver $5M
New Zealand 83 · Canterbury 9 · Waikato 8
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