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Corporate Motel with a Long Lease

Otago - Address withheld

Hotels Motels Lodges B&B
dollar

$1,150,000 Plus GST (if any)

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Listing # 0237 | Listed on 13 April 2022

As a city, Dunedin has a lot on offer for a Motel business to enjoy a year-round high Occupancy. 

The recently refurbished 20 unit complex is spread over two levels and offers a range of stylish units all with modern tiled bathrooms.  In addition to the Motel a modern 2 bedroom apartment – due to be branded as the Penthouse, has now been added to the operators business model, taking the complex now to 21 units.

The welcoming, corporate and functional feel to units allow for privacy in a quiet location whilst boasting to be one of the Closest Motels to the University and arguably to the stadium as well - certainly some good draw-cards.

The private three bedroom residence and dedicated large office/reception area, is a separate building with very good street visibility and frontage.

Parting shot: Long Lease, Modern Units, and a good corporate following will be hard to compare in such a good location AND in Dunedin city!

For further details, please get in touch.

Freedom Property Brokers MREINZ

Fiona McDonald

0275500966

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