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DealProspect/Listings/Hospitality & Tourism

Golden Leaf Apartment Motels, Invercargill

Motel

ActiveHospitality & TourismSouthlandB2C
Asking price
$2,500,000
Disclosed · NZD
Revenue
EBITDA
Implied multiple
n/a
Price includes the property
Brief
  • Well-established freehold going concern apartment motel (Golden Leaf) in inner-city Invercargill, on a quiet tree-lined street minutes from the CBD (B2C).
  • Land, buildings, business, goodwill and chattels included, plus an additional income stream from an on-site rental car fleet.
  • Seven guest units (mix of two-bedroom, one-bedroom and studio) plus an owner's residence with a further studio (Unit 8); all north-facing and regularly updated.
  • Servicing travellers to Stewart Island, Fiordland and the Catlins, with value-add development/unit-title potential; asking $2,500,000 + GST.