Merivale Manor, Christchurch

Merivale Manor, Christchurch — Hospitality & Tourism · Christchurch, Canterbury · Asking $1,450,000 · Revenue $900,000 · EBITDA $400,000

18-unit boutique accommodation complex in Christchurch's Merivale precinct, combining a heritage Manor House (10 suites) and 8 modern studio units Standalone four-bedroom owner's residence with private courtyards and garaging Long-term ownership with a recently extended lease Maintenance programme completed, presented in excellent condition Strong trading performance and consistent high occupancy

DealProspect/Listings/Hospitality & Tourism

Merivale Manor, Christchurch

Motel

ActiveHospitality & TourismCanterburyB2C

Find funding for this deal →View original listing ↗

Asking price

$1,450,000

Disclosed · NZD

Revenue

$900,000

TTM

EBITDA

$400,000

Implied multiple

3.6×

asking / earnings

Brief

18-unit boutique accommodation complex in Christchurch's Merivale precinct, combining a heritage Manor House (10 suites) and 8 modern studio units
Standalone four-bedroom owner's residence with private courtyards and garaging
Long-term ownership with a recently extended lease
Maintenance programme completed, presented in excellent condition
Strong trading performance and consistent high occupancy

Motels in Canterbury

Motels for sale in Canterbury (9) →

Listed

active

Median asking

$600K

7 priced

Earnings multiple

3.2×

12 listings

Asking price spread7 of 9 state a price

This listing · $1.4M

14%

57%

29%

$250K–$500K$1M–$2.5M

New Zealand 83 · Bay of Plenty 10 · Waikato 8

Restaurants 13

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