This meticulously maintained 18-unit motel, strategically positioned in the heart of Dunedin presents a lucrative opportunity for prospective owners. Featuring a diverse range of studios, one, and two-bedroom apartments, alongside a spacious three-bedroom house for comfortable manager’s accommodation, this property is primed for success.
Strategically located near the hospital, city center, and a plethora of local dining and shopping options, this motel enjoys unparalleled desirability among visitors. As Dunedin continues to flourish as the second largest city in the South Island, the consistent influx of tourists, temporary workers, and resident families guarantees a steady stream of demand for accommodation. The city’s vibrant event calendar, including conferences and games, further underscores the necessity for lodging, solidifying this motel as a lucrative asset for profit generation.
Boasting a comprehensive range of 8 studios, 8 one-bedroom, and 2 two-bedrooms apartments, the property is fully equipped to cater to the diverse needs of guests. Additionally, the main three-bedroom/2-bathroom house serves as comfortable manager’s accommodation.
Securing finance for this business shouldn’t be a big challenge considering its healthy financial statements, long lease, and bookings already in place. Not to mention that the building is in excellent condition having the exterior being completely renovated last year.
Is this your chance to change your lifestyle and achieve the goals you’re aiming for retirement? Be quick to register your interest, this leasehold won’t be available for long. This is your opportunity to take advantage of a profitable and established business and start to make money from day one.
Motivated owners have cherished this place for over a decade but now have to leave due to health reasons, as a result, they have priced the property realistically, reflecting their genuine desire to facilitate a smooth transition for the next proud owner.
For more information or to arrange your viewing, please contact the specialist Accommodation Business Broker, Gessica Veras
