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DealProspect/Listings/Hospitality & Tourism

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.