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DealProspect/Listings/Hospitality & Tourism

Bella Vista Motel, Tahunanui, Nelson

Motel

ActiveHospitality & TourismNelsonB2C
Asking price
$938,000
Disclosed · NZD
Revenue (est.)
~$659,542
Estimated · comparable listings of this type and size · typically within ±30%
Earnings (est.)
~$246,382
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

  • Established 18-unit motel on Tahunanui Drive, close to Tahunanui Beach
  • About four minutes from Nelson Airport and ten minutes from central Nelson
  • Trades under the Bella Vista Motels banner, a national network of 27 locations
  • Holds a Qualmark 4 Star Gold rating, serving leisure and corporate guests
  • Serviced studio, family and one-bedroom units, including accessible and spa-bath units
  • Guest laundry, BBQ area, continental breakfast service and pre-bookable EV charging
  • Ongoing investment since mid-2024: refurbished reception, new beds, smart TVs, repainting, CCTV and Wi-Fi upgrade
  • Sale includes chattels and forward bookings

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