Freehold Motel, Masterton
Motel
ActiveHospitality & TourismWellingtonB2C
Asking price
$2,850,000
Disclosed · NZD
Revenue
—
Earnings
—
Implied multiple
n/a
Price includes the property
Brief
A freehold motel investment near central Masterton in the Wairarapa, sold together with the land, buildings, chattels and trading business. Ten refurbished units plus a separate four-bedroom villa provide the accommodation offering, supported by a swimming pool, barbecue area and ample parking. Guests are a mix of corporate, contractor and leisure travellers, and the property carries a strong guest rating from over 170 online reviews. An international hotel brand affiliation gives access to wider booking channels and a loyalty programme. A completed two-lot subdivision adds potential upside for a future owner.
Priced like this one
nearest on the figure this listing states- Quest Nelson – Franchise Serviced Apartment HotelServiced Apartments · $2,590,000
- Freehold Rotorua Holiday Park, NgongotahāHoliday Park · Ngongotahā, Rotorua · $3,200,000+
- Beaumont Apartments Management Rights, Mount MaunganuiManagement Rights · Bay of Plenty · $2,495,000
- TOP10 Holiday Park, MartinboroughHoliday Park · Martinborough, South Wairarapa · $2,495,000
- Central Christchurch Hotel - Leasehold BusinessMotel · Canterbury · $2,450,000
- Quest Hotel Business, TaurangaHotel · Tauranga, Bay of Plenty · $2,300,000