Two Side-by-Side Motels, Bealey Avenue

Two Side-by-Side Motels, Bealey Avenue — Hospitality & Tourism · Christchurch · Asking $600,000

Two well-performing motels side by side on Bealey Avenue, Christchurch, available separately or together Combined 30 modern units across the two sites, both with recent 2024 renovations At least 25 years of lease term remaining, with live-in managers in place for easy operation Diversified room configurations and guest demographics (families plus corporates) with proven income High-visibility…

DealProspect/Listings/Hospitality & Tourism

Two Side-by-Side Motels, Bealey Avenue

Motel

ActiveHospitality & TourismCanterburyB2B & B2C

Find funding for this deal →View original listing ↗

Asking price

$600,000

Disclosed · NZD

Revenue (est.)

~$421,882

Estimated · comparable listings of this type and size · typically within ±30%

Earnings (est.)

~$157,600

Estimated · comparable listings of this type and size · typically within ±25%

Typical multiple

~3.8×

comparable listings of this type and size · typically within ±25%

Brief

Two well-performing motels side by side on Bealey Avenue, Christchurch, available separately or together
Combined 30 modern units across the two sites, both with recent 2024 renovations
At least 25 years of lease term remaining, with live-in managers in place for easy operation
Diversified room configurations and guest demographics (families plus corporates) with proven income
High-visibility arterial location; future branding or consolidation options for investors

Motels in Canterbury

Motels for sale in Canterbury (9) →

Listed

active

Median asking

$600K

7 priced

Earnings multiple

3.2×

12 listings

Asking price spread7 of 9 state a price

This listing · $600K

14%

57%

29%

$250K–$500K$1M–$2.5M

New Zealand 83 · Bay of Plenty 10 · Waikato 8

Restaurants 13

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