Dunedin Central, South Island
Popular 18 Units George Street Close to CBD
Business Lease $1,169,000
Business Description
Motel on George Street Close to Dunedin Hospital, University and Central Dunedin, 18 Units.
Here is an exceptional opportunity for someone to purchase a larger motel business on Dunedin's established motel mile, within easy walking distance of shops, restaurants, cafes, university, hospital and the hospital new build.
One of Dunedin's best performing motels with a consistent turnover, this motel has the horsepower to generate consistently good returns for any prospective purchaser. Multiple demand drivers are medical, education, corporate, events, tourism both domestic and international.
This well-known motel is situated amongst other motel properties in what is a popular locality for guests, it is highly visible and enjoys good occupancy all year round.
Ideally located for both corporate and holidaying guests, it offers 18 spacious units with a great mix of studio, one-bedroom and two-bedroom units, all a comfortable size.
This motel would be highly recommended to any prospective purchaser wanting a rock steady investment and return in one of the South Island's most consistent motel destinations. Room to increase turnover and profit in a low-risk city where demand for quality motels invariably exceeds supply makes this a very attractive proposition.
Exceptionally well-priced given all the factors so strongly in its favour, this outstanding motel demands an early enquiry.
An Information Memorandum is available to download from our website coffeys.co.nz.
Some details of this listing are confidential and can only be disclosed upon completion of a confidentiality agreement, included in the Information Memorandum.
We would welcome your enquiry on the Business Lease of this Motel for sale in Dunedin via our website or direct to DEREK JOHNSON: P: ---------- M: ---------- E: ---------- .
Business Summary
Key Investment Insights
1. Prime central location on George Street, within easy walking distance of Dunedin CBD, shops, restaurants and cafes.
2. Immediate proximity to Dunedin Hospital and its new build, and the University, supplying strong institutional demand.
3. Situated on Dunedin’s established motel mile amongst other motel properties, enhancing visibility and guest flow.
4. 18 spacious units, with a mix of studio, one-bedroom and two-bedroom configurations, suitable for diverse guest types.
5. Multiple clear demand drivers, including medical, education, corporate, events, and domestic and international tourism.
6. Described as one of Dunedin’s best performing motels, with a consistent turnover and strong historical performance.
7. High year-round occupancy, indicating stable cashflow and low seasonal volatility.
8. Positioned as a rock-steady investment in a low-risk city where demand for quality motel rooms exceeds supply.
9. Identified potential to increase turnover and profit, signalling operational upside for a new owner.
10. Marketed as exceptionally well-priced given location, performance and demand fundamentals, creating investor appeal.
11. Further financial and confidential details available via an Information Memorandum on coffeys.co.nz, with fuller disclosure subject to a confidentiality agreement and enquiries directed to Derek Johnson or the website.
