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Great King Motel Superb Central Dunedin Accommodation Business For Sale

Dunedin, Otago, New Zealand
Asking Price:
$1M - $5M (NZD)
Sales Revenue:
Undisclosed
Cash Flow:
Undisclosed

538 Great King Motel - Central Dunedin

This Central Dunedin Motel boasts a high corporate and family following. With 21 modern units of various configurations, excellent long lease, and year-round high occupancy rates, this property stands out. Stylish street appeal and tranquil surroundings, making it arguably one of Dunedin’s quietest motels.

Recently refurbished with modern amenities, including tiled bathrooms, each unit offers comfort and convenience. Strategically located on the northern route to the Northern Motorway, with easy access to George Street, Dunedin’s main street, and close proximity to Otago University and the stadium, this is an unparalleled opportunity for savvy investors.

- High profile location in Dunedin
- 21 modern units of various configurations
- 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
- Recently refurbished, all with modern tiled bathrooms
- Plus a pet friendly, modern 3-bdm manager’s apartment

This 21-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 21 units in the motel are some of Dunedin’s quietest motel suites as positioned well back from Great King Street and feature good configuration to allow for the corporate and family markets.

This is a superb Motel Business opportunity that is hard to beat, call Adrian Chisholm, Tourism Properties to find out more.

Property Information

Real Estate:

Lease