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Whanganui Entry-Level Motel with Owner's Residence

Motel

ActiveHospitality & TourismManawatū-WhanganuiB2C
Asking price
$460,000
Disclosed · NZD
Revenue (est.)
Earnings (est.)
Typical multiple

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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