Dunedin Central, South Island
High Profile - 25 Units - Dunedin - $400K + NP
Business Lease $1,650,000
Business Description
We are pleased to offer this modern, very attractive 25-unit motel of 18 studios, 5 one-bedroom, 4 can sleep up to 4 people and 2 two-bedroom apartments in the high-profile Central Dunedin location of Great King Street (State Highway 1 heading north).
Last three financial years - normalised net surplus average $424,000.
This is a large complex and brings with it the horsepower to return very high earnings. Complexes of this size and location are seldom available, and to find such a modern example is even more rare. Act now, this won't disappoint.
The owner's accommodation consists of a modern three-bedroom residence (master with en-suite and walk in robe) and has an outside private courtyard to enjoy the afternoon sun.
The reception and conference room are easily accessed from the owner's residence which also has unobstructed views of the entryway into the property. This is a superbly designed motel for both guests and owners alike.
Bonus of an in-house specialised conference facility that can seat up to 20 people classroom style, or up to 30 people theatre-style, complete with its own toilet and kitchen.
A recent investment of $20,000+ for commercial washing machine and freshly painted exterior in the summer of 2025.
Booking.com listed the property's review highlights as "Loyal Customers - There are more repeat guests here than most other properties." And "Located in the top-rated area in Dunedin, this property has an excellent location score of 9.2!"
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 this website or direct to DEREK JOHNSON.
Business Summary
Key Investment Insights
1. Modern 25-unit motel on Great King Street, Central Dunedin, positioned on State Highway 1 for high visibility and drive-by exposure.
2. Accommodation mix advertised as 18 studios, five one-bedroom units, four units that can sleep up to four people, and two two-bedroom apartments, offering varied guest segmentation.
3. Strong historic profitability, with a normalised net surplus averaging $424,000 over the last three financial years.
4. Owner’s accommodation is a modern three-bedroom residence with ensuite, walk-in robe and private courtyard, enabling on-site management and good live-in amenity.
5. Reception and conference room are directly accessible from the owner’s residence with unobstructed views of the property entry, supporting efficient operations and security.
6. In-house specialised conference facility seats up to 20 classroom style or 30 theatre style, with its own toilet and kitchen, providing ancillary revenue and corporate market appeal.
7. Recent capital investment of $20,000+ for a commercial washing machine and exterior repainting in summer 2025, indicating recent upkeep and reduced immediate capex needs.
8. Booking.com guest feedback highlights strong repeat clientele and an excellent location score of 9.2, signalling high customer loyalty and location-driven demand.
9. Size and modern presentation are marketed as rare for Central Dunedin, implying limited comparable listings and
