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DealProspect/Listings/Hospitality & Tourism

Beachfront Motel, Whangaparaoa

Motel

ActiveHospitality & TourismAucklandB2B & B2C
Asking price
$995,000
Disclosed · NZD
Revenue (est.)
~$685,687
Estimated · comparable listings of this type and size
Earnings (est.)
~$257,492
Estimated · comparable listings of this type and size
Implied multiple (assumed)
~3.9×
Assumed · asking ÷ estimated earnings (as advertised)
Brief
  • Long-established beachfront motel on the Whangaparaoa Peninsula, on the Hauraki Gulf's edge near the North Shore
  • Under exceptional ownership since 2013, with well-established systems and consistent presentation
  • Fourteen spacious, well-appointed units plus conference facilities for small to medium groups
  • A strong 24-year lease in place with good net profitability and sweeping sea views
  • Includes a three-bedroom, two-bathroom family home; surrounded by beaches, parks and schools