Dunedin Central, South Island
High Profile - 25 Unit Motel - $400K+ 4yr Avg. 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 four financial years – normalised net surplus average $411,469.
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 via this website or direct to DEREK JOHNSON.
Business Summary
Key Investment Insights
1. Modern 25-unit motel in a high-profile Central Dunedin location on Great King Street, which is State Highway 1 heading north.
2. Strong earnings track record, with a normalised net surplus four-year average of $411,469, advertised as $400K+ 4yr average NP.
3. Large complex scale provides operational "horsepower" to generate high earnings, and properties of this size and quality are stated to be seldom available.
4. Room mix includes studios, one-bedroom units, family rooms that sleep up to four people, and two-bedroom apartments, offering product diversity for different guest segments.
5. On-site owner’s accommodation is a modern three-bedroom residence with master en-suite, walk-in robe, private courtyard, and unobstructed views of the property entry, enabling onsite management.
6. Reception and conference room are directly accessible from the owner’s residence, supporting close operational oversight and guest reception convenience
