Whanganui Entry-Level Motel with Owner's Residence

Whanganui Entry-Level Motel with Owner's Residence — Hospitality & Tourism · Whanganui · Asking $460,000

Affordable, centrally located motel close to Whanganui Hospital and the industrial area 12 units: six self-contained one-bedroom units and six studios Three units have heat pumps, the rest are heated Two-bedroom owner's residence with open-plan living and a private backyard Separate guest laundry and motel laundry Steady demand from business travellers, hospital visitors, sports teams and…

DealProspect/Listings/Hospitality & Tourism

Whanganui Entry-Level Motel with Owner's Residence

Motel

ActiveHospitality & TourismManawatū-WhanganuiB2C

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Asking price

$460,000

Disclosed · NZD

Revenue (est.)

~$369,122

Estimated · comparable listings of this type and size · typically within ±30%

Earnings (est.)

~$124,553

Estimated · comparable listings of this type and size · typically within ±25%

Typical multiple

~3.7×

comparable listings of this type and size · typically within ±25%

Brief

Affordable, centrally located motel close to Whanganui Hospital and the industrial area
12 units: six self-contained one-bedroom units and six studios
Three units have heat pumps, the rest are heated
Two-bedroom owner's residence with open-plan living and a private backyard
Separate guest laundry and motel laundry
Steady demand from business travellers, hospital visitors, sports teams and holidaymakers
Easy to manage with consistent occupancy

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