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DealProspect/Listings/Hospitality & Tourism

17-Unit Motel Complex, Westland Glacier Region

Motel

ActiveHospitality & TourismWest CoastB2C
Asking price
$690,000
Disclosed · NZD
Revenue (est.)
~$485,164
Estimated · comparable listings of this type and size · typically within ±30%
Earnings (est.)
~$181,240
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

  • 17-unit motel/motor lodge in Westland's glacier region, spread over 8,000+ square metres
  • Brisk seasonal trade, particularly through the summer months
  • High proportion of top-earning two-bedroom chalets with countryside views
  • Standalone two-storey, three-bedroom, two-bathroom managers residence included
  • Secured by a long-term registered lease
  • Freehold land and buildings also available separately for a going-concern purchase

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