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DealProspect/Listings/Hospitality & Tourism

Abelia Motor Lodge Leasehold, Nelson

Motel

ActiveHospitality & TourismB2C
Asking price
$595,000
Disclosed · NZD
Revenue (est.)
~$418,366
Estimated · comparable listings of this type and size · typically within ±30%
Earnings (est.)
~$156,287
Estimated · comparable listings of this type and size · typically within ±25%
Typical multiple
~3.8×
comparable listings of this type and size · typically within ±25%

Brief

  • Abelia Motor Lodge in Nelson, with units significantly larger than many recently constructed complexes (B2C leasehold).
  • Twelve spacious, versatile units catering to diverse guest needs, on Nelson's main scenic route into the city, close to the beach.
  • An on-site three-bedroom owner's residence with two living areas and reception connected for easy management.
  • Secures a presence in Nelson's thriving tourism market; business lease $595,000.

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