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DealProspect/Listings/Hospitality & Tourism

4-Star Plus 12-Unit Motel, Motueka

Motel

ActiveHospitality & TourismTasmanB2C
Asking price
$875,000
Disclosed · NZD
Revenue (est.)
~$602,991
Estimated · comparable listings of this type and size
Earnings (est.)
~$226,438
Estimated · comparable listings of this type and size
Implied multiple (assumed)
~3.9×
Assumed · asking ÷ estimated earnings (as advertised)
Brief
  • 4-star-plus 12-unit motel (leasehold going concern) in Motueka, gateway to Abel Tasman
  • Mix of eight studios and four one-bedroom units, modern and low-maintenance
  • Strong international market at premium summer rates plus year-round corporate trade
  • Separate two-bedroom owner's residence with private courtyard and double garage
  • Reception accessible from the living quarters for efficient operation
  • Business lease at $875,000 in a thriving tourism location