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DealProspect/Listings/Hospitality & Tourism

Invercargill Motel Business (Leasehold)

Motel

ActiveHospitality & TourismSouthlandB2C
Asking price
$399,000
Disclosed · NZD
Revenue (est.)
~$325,422
Estimated · comparable listings of this type and size · typically within ±30%
Earnings (est.)
~$109,043
Estimated · comparable listings of this type and size · typically within ±25%
Typical multiple
~3.7×
comparable listings of this type and size · typically within ±25%

Brief

  • Leasehold motel business in a strategic Tay Street location in Invercargill
  • Ten ground-floor units — eight one-bedroom and two two-bedroom — with dedicated off-street parking
  • Broad demand across corporate, leisure, sporting and event-related markets
  • Short drive to the city centre, Civic Theatre, Queens Park and Invercargill airport; major attractions and sporting facilities within walking distance
  • Owner's residence on site, with reception off the living area
  • Regional outlook supported by Southland investment in renewable energy, aquaculture, advanced manufacturing and forestry
  • Information memorandum available from the broker's website

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