Freehold Motel, Hokitika

Freehold Motel, Hokitika — Hospitality & Tourism · Hokitika · Asking $3,600,000

A modern, well-established accommodation business offered as a freehold going concern in Hokitika. Opened in 2018, described as the newest motel in Hokitika and on the West Coast. Units enjoy a good outlook, sit off the main road for quiet, and are within close walking distance of central Hokitika. Includes an exceptional four-bedroom-plus-study owners' residence on a separate 903 square metre…

DealProspect/Listings/Hospitality & Tourism

Freehold Motel, Hokitika

Motel

ActiveHospitality & TourismWest CoastB2C

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Asking price

$3,600,000

Disclosed · NZD

Revenue

—

Earnings

—

Implied multiple

n/a

Price includes the property

Brief

A modern, well-established accommodation business offered as a freehold going concern in Hokitika.
Opened in 2018, described as the newest motel in Hokitika and on the West Coast.
Units enjoy a good outlook, sit off the main road for quiet, and are within close walking distance of central Hokitika.
Includes an exceptional four-bedroom-plus-study owners' residence on a separate 903 square metre site.
The residence has an attached one-bedroom unit of around 57 square metres that could be added to the letting pool.
Offers consistent and growing income with strong future upside.

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