Two Motels, One Freehold Package, Rotorua

Two Motels, One Freehold Package, Rotorua — Hospitality & Tourism · Rotorua · Asking $4,180,000

Freehold lakefront property in Rotorou combining a 19-unit going-concern motel and a separate 7-unit leasehold motel, sold as one package. Both sites are close to Rotorua's CBD, tourist attractions, restaurants and bars. Natural thermal heating and heated outdoor pools at both properties. Three-bedroom manager's accommodation at each site, suited to an owner-operator.

DealProspect/Listings/Hospitality & Tourism

Two Motels, One Freehold Package, Rotorua

Motel

ActiveHospitality & TourismBay of PlentyB2C

Find funding for this deal →View original listing ↗

Asking price

$4,180,000

Disclosed · NZD

Revenue

—

Earnings

—

Implied multiple

n/a

Price includes the property

Brief

Freehold lakefront property in Rotorou combining a 19-unit going-concern motel and a separate 7-unit leasehold motel, sold as one package.
Both sites are close to Rotorua's CBD, tourist attractions, restaurants and bars.
Natural thermal heating and heated outdoor pools at both properties.
Three-bedroom manager's accommodation at each site, suited to an owner-operator.

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Listed

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Median asking

$1.2M

8 priced

Earnings multiple

3.2×

18 listings

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Asking price spread8 of 10 state a price

This listing · $4.2M

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