Dunedin Central, South Island
Rare to Dunedin - FHGC Motel - Vendor Finance
Land, Buildings and Business $2,895,000
Business Description
Not many opportunities become available to purchase the land, buildings and business of motels, especially in the sought-after Dunedin motel market.
Located away from the hustle and bustle of the city, nestled in suburban Dunedin and close to St Kilda and St Clair beaches. Situated on a road which is the gateway to the Otago Peninsula and the beauty that it offers.
This 11-unit (13 if utilising additional two bedrooms – see below) complex, has been extensively renovated, including window joinery, roofing, kitchens, bathrooms, exterior painting, carpeting, appliances, electrical work, plumbing and unit fixtures. EV charging station installed February 2023.
Inspection will show that a lot of the hard work has been done, and the motel is all ready to perform for the next operators.
Owner's residence is a three to five-bedroom villa style house with three bathrooms. The front two bedrooms have ensuites and are a king and queen studio with their own separate access.
The residence has been freshly painted, and the roof replaced the summer of 2023. The house is already for you and includes one of the bathrooms fully renovated. New kitchen including rangehood, cooktop and oven. New extensive decking for the BBQ area that includes power and lighting. Motel laundry renovation.
Vendor Finance would be considered for approved purchasers.
Please be aware that some of this information may have been sourced from RPNZ/ Property Guru/ Land Information New Zealand and we have not been able to verify the accuracy of same.
Some details of this listing are confidential and can only be disclosed upon completion of a confidentiality agreement, included in the Information Memorandum available on our website.
We would welcome your enquiry on the Land, Buildings and Business of this Motel for sale in Dunedin via our website or by phoning DEREK JOHNSON on ---------- , DDI ---------- or ---------- .
Business Summary
Key Investment Insights
1. Rare opportunity to purchase a FHGC motel in the sought-after Dunedin market
2. Located in a quiet suburban area, close to popular beaches and the Otago Peninsula
3. Extensively renovated with new window joinery, roofing, kitchens, bathrooms, exterior painting, carpeting, appliances, electrical work, plumbing, and unit fixtures
4. EV charging station installed in 2023
5. Owner's residence is a three to five-bedroom villa style house with three bathrooms
6. Freshly painted and newly replaced roof
7. New kitchen and extensive decking for BBQ area
8. Motel laundry renovation
9. Vendor finance available for approved purchasers
10. Confidential information can be disclosed upon completion of a confidentiality agreement
11. Information Memorandum available on the website
12. Enquiries can be made through the website or by contacting Derek Johnson on the provided phone numbers.
