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Motel with Owner's Flat, Rotorua

Motel

ActiveHospitality & TourismBay of PlentyB2C
Asking price
POA
Disclosed · NZD
Revenue
—
Earnings
—
Implied multiple
—

Brief

  • Motel positioned on Rotorua's main street, close to the CBD, Central Mall, Polynesian Spa, Lake Rotorua and the Racecourse
  • 14 units with a mix of studio, one-bedroom and two-bedroom configurations
  • Units include private bathrooms, kitchen facilities, Smart TVs and spa baths
  • Separate three-bedroom owner's flat providing on-site accommodation
  • Affordable entry into Rotorua's tourism market with scope for future growth
Listed
10
active
Median asking
$600K
9 priced
Earnings multiple
3.2×
12 listings
Time listed
124d
8 tracked
Asking price spread9 of 10 state a price
44%
11%
11%
22%
11%
$250K–$500KOver $5M

New Zealand 83 · Canterbury 9 · Waikato 8

Takeaways 8

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