Freehold Accommodation Property with Management Rights, Tairua

Freehold Accommodation Property with Management Rights, Tairua — Hospitality & Tourism · Tairua · Asking $2,499,000

Freehold accommodation property near the entrance to the Coromandel Peninsula, close to the water at Tairua, sold as a going concern Two-level building of around 596 square metres, currently set up as three ground-floor motel units and three upper-level suites Layout could be converted into additional accommodation units Sale bundles in the separate Pacific Harbour Villas management rights…

DealProspect/Listings/Hospitality & Tourism

Freehold Accommodation Property with Management Rights, Tairua

Motel

ActiveHospitality & TourismWaikatoB2B & B2C

Find funding for this deal →View original listing ↗

Asking price

$2,499,000

Disclosed · NZD

Revenue

—

Earnings

—

Implied multiple

n/a

Price includes the property

Brief

Freehold accommodation property near the entrance to the Coromandel Peninsula, close to the water at Tairua, sold as a going concern
Two-level building of around 596 square metres, currently set up as three ground-floor motel units and three upper-level suites
Layout could be converted into additional accommodation units
Sale bundles in the separate Pacific Harbour Villas management rights business as well
Management rights carry a lengthy term and a letting pool with room to grow, including scope to buy further units into the pool

Motels in Waikato

Motels for sale in Waikato (8) →

Listed

active

Median asking

$1.5M

5 priced

Earnings multiple

3.2×

12 listings

Asking price spread5 of 8 state a price

This listing · $2.5M

20%

60%

20%

$500K–$1M$2.5M–$5M

New Zealand 83 · Bay of Plenty 10 · Canterbury 9

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