Freehold Motel, Palmerston North CBD
Motel
ActiveHospitality & TourismManawatū-WhanganuiB2B & B2C
Asking price
$2,750,000
Disclosed · NZD
Revenue
—
Earnings
—
Implied multiple
n/a
Price includes the property
Brief
- Freehold going-concern motel in the Palmerston North CBD, combining land, buildings and an established business
- Two-level complex of 12 large studio units suited to corporate and short-stay guests
- Set on approximately 889m² with a spacious three-bedroom manager's residence
- Consistent year-on-year trading with a stable mix of corporate and repeat clientele
- Scope to grow via tariff and occupancy optimisation; suits owner-operators or investors
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