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 our website or direct to DEREK JOHNSON: P: ---------- M: ---------- E: ---------- .
Business Summary
Key Investment Insights
1. Modern 25‑unit motel comprising 18 studios, 5 one‑bedroom units, 4 family rooms sleeping up to 4, and 2 two‑bedroom apartments, offering a mixed-room inventory for different guest segments.
2. High-profile Central Dunedin location on Great King Street, directly on State Highway 1 northbound, enhancing visibility and drive-by traffic.
3. Recent listing price format shows $400K plus net profit, indicating a low capital entry relative to earnings.
4. Strong historical profitability, normalised net surplus averaging $424,000 over the last three financial years.
5. Large complex scale provides operational “horsepower” and potential for continued high earnings; properties of this size in this location are rarely available.
6. Owner’s modern three-bedroom residence on site, with master en-suite, walk-in robe, private courtyard and unobstructed views of the property entry, facilitating on-site management.
7. Reception and conference room are adjacent to the owner’s residence, enabling easy oversight and guest interaction.
8. In-house specialised conference facility seating up to 20 classroom-style or 30 theatre-style, with its own toilet and kitchen, supporting group bookings and corporate revenue.
9. Recent capital expenditure of over $20,000 for a commercial washing machine and an exterior repaint completed in the summer of 2025, reducing near-term capex needs.
10. Strong online reputation with Booking.com highlights of high repeat guest frequency and an excellent location score of 9.2, supporting occupancy and return business.
11. Information Memorandum available from the agent’s website, with some details confidential and requiring a confidentiality agreement, indicating structured sale process.
12. Business lease enquiries handled through the listing agent Derek Johnson, signalling an established brokerage sale channel.
