Aotea Motor Lodge – Whanganui
Motel
ActiveHospitality & TourismManawatū-WhanganuiB2C
Asking price
$1,795,000
Disclosed · NZD
Revenue
$1,464,000
TTM
Earnings (est.)
~$282,552
Estimated · comparable listings of this type and size
Implied multiple (assumed)
~6.4×
Assumed · asking ÷ estimated earnings (as advertised)
Brief
- 28-suite motor lodge on Whanganui's premier accommodation strip, a mix of studio, one- and two-bedroom suites
- Long, solid lease structure with high occupancy and strong corporate and repeat-guest demand
- Modern presentation with quality fixtures throughout
- Large 3-5 bedroom owner's accommodation attached
Priced like this one
nearest on the figure this listing states- Te Anau Accommodation BusinessLodge · Southland · $2,099,000
- Quest Hotel Business, TaurangaHotel · Tauranga, Bay of Plenty · $2,300,000
- Leasehold Motel, Mount MaunganuiMotel · Mount Maunganui, Tauranga · $1,395,000
- Central Christchurch Hotel - Leasehold BusinessMotel · Canterbury · $2,450,000
- Beaumont Apartments Management Rights, Mount MaunganuiManagement Rights · Bay of Plenty · $2,495,000
- TOP10 Holiday Park, MartinboroughHoliday Park · Martinborough, South Wairarapa · $2,495,000