30-Unit Oamaru Motel with New 35-Year Lease

30-Unit Oamaru Motel with New 35-Year Lease — Hospitality & Tourism · Oamaru · Asking $850,000

30-unit motel business on SH1 just north of Oamaru town centre New 35-year lease with stepped rent Sits alongside a complex with tenpin bowling, gaming lounge, restaurant, bar and function centre Near the new indoor sports and recreation hub serving the Waitaki district Freehold going concern (land and buildings) available separately to a purchaser Popular tourist area known for its Victorian…

DealProspect/Listings/Hospitality & Tourism

30-Unit Oamaru Motel with New 35-Year Lease

Motel

ActiveHospitality & TourismOtagoB2C

Find funding for this deal →View original listing ↗

Asking price

$850,000

Disclosed · NZD

Revenue (est.)

~$597,666

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

Earnings (est.)

~$223,267

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

30-unit motel business on SH1 just north of Oamaru town centre
New 35-year lease with stepped rent
Sits alongside a complex with tenpin bowling, gaming lounge, restaurant, bar and function centre
Near the new indoor sports and recreation hub serving the Waitaki district
Freehold going concern (land and buildings) available separately to a purchaser
Popular tourist area known for its Victorian precinct, blue penguin colony and public gardens

Get new motels in New Zealand by email

Free · no account · unsubscribe anytime

Priced like this one

nearest on the figure this listing states