7-Unit Motel Leasehold, Invercargill

7-Unit Motel Leasehold, Invercargill — Hospitality & Tourism · Invercargill · Asking $350,000

Seven-unit leasehold motel in central Invercargill, a 5-minute walk from Bill Richardson Transport World, Stadium Southland and the velodrome; business lease $350,000 Hacienda-style complex with a new black roof (mid-2025) and fresh white exterior, prominent from SH1 Unit mix of one two-bedroom apartment, two one-bedroom apartments and four studios, all ground-floor with parking outside each and…

DealProspect/Listings/Hospitality & Tourism

7-Unit Motel Leasehold, Invercargill

Motel

ActiveHospitality & TourismSouthlandB2C

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Asking price

$350,000

Disclosed · NZD

Revenue (est.)

~$330,095

Estimated · comparable listings of this type and size

Earnings (est.)

~$94,498

Estimated · comparable listings of this type and size

Implied multiple (assumed)

~3.7×

Assumed · asking ÷ estimated earnings (as advertised)

Brief

Seven-unit leasehold motel in central Invercargill, a 5-minute walk from Bill Richardson Transport World, Stadium Southland and the velodrome; business lease $350,000
Hacienda-style complex with a new black roof (mid-2025) and fresh white exterior, prominent from SH1
Unit mix of one two-bedroom apartment, two one-bedroom apartments and four studios, all ground-floor with parking outside each and a covered walkway
Lease runs to November 2041 with one further 10-year right of renewal
Three-bedroom, two-bathroom owner's residence on site for rent-free living; suits a couple with one operating the motel

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