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Superb Motel Business For Sale In Dunedin

Otago - Address withheld

Hotels Motels Lodges B&B
dollar

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

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Business details

Listing # 33335 | Listed on 13 April 2022
High Corporate & Family following makes this Motel Business a no-brainer!

KEY FEATURES

  • High profile location in Dunedin
  • Excellent long lease
  • Great year-round occupancy rates
  • High corporate and family following
  • Stylish and attractive street appeal
  • Arguably one of Dunedin’s quietest motels
  • Built over two levels, with established gardens and landscaping
  • 20 modern units of various configurations
  • Recently refurbished, all with modern tiled bathrooms
  • Plus a pet friendly, modern 3-bdm manager’s apartment

This 20 unit motel complex which enjoys an exceptionally long lease  is situated strategically on the northern route to the Northern Motorway and enjoys awesome guest parking and the manager’s three bedroom apartment and ground floor office/reception area is in a separate building. The manager’s apartment is on two levels and the ground floor lounge opens out on to a private and self-contained courtyard which allows a new business owner to have a pet.

The office has exceptional frontage to Great King Street as the office and manager’s apartment and courtyard are in a separate new building but adjacent to the recently fully refurbished motel complex that has direct access to George Street, Dunedin’s main street.

The 20 units in the motel are one of Dunedin’s quietest motel complex as positioned well back from Great King Street and feature good configuration to allow for the corporate and family markets. Being adjacent the Otago University attracts a good base occupancy throughout the year. The stadium is also situated very close by.

This is a superb Motel Business opportunity that is hard to beat in a TOP LOCATION! Call me now!

For more details please contact specialist Accommodation Business Broker, Adrian Chisholm, AREINZ, on 021 727 888 or email adrian@tourismproperties.com.

FOR MORE INFO PLEASE SEE: 

https://www.tourismproperties.co.nz/for-sale/motels-for-sale/superb-motel-business-for-sale/

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