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. High-profile Central Dunedin location on Great King Street, directly on State Highway 1, offering strong visibility and easy access.
2. Property in the top-rated area of Dunedin with an excellent Booking.com location score of 9.2.
3. Strong guest loyalty noted on Booking.com, with more repeat guests than most comparable properties.
4. Large 25-unit motel, unit mix stated as 18 studios, 5 one-bedroom units, 4 family rooms that sleep up to four, and 2 two-bedroom apartments.
5. Last three financial years show a normalised net surplus averaging $424,000, indicating robust profitability.
6. Asking structure presented as $400,000 plus net profit, signalling a low entry price relative to earnings.
7. Modern owner’s accommodation included, three bedrooms with master en-suite and walk-in robe, private courtyard and unobstructed views of the property entry for operational oversight.
8. Reception and conference room are adjacent to the owner’s residence, facilitating owner-managed operations and supervision.
9. On-site specialised conference facility seating up to 20 classroom-style or 30 theatre-style, with its own toilet and kitchen, adding revenue and corporate/group appeal.
10. Recent capital investment of over $20,000 for a commercial washing machine and a fresh exterior paint in summer 2025, reducing near-term capital expenditure needs.
11. Rare market offering for a complex of this size and modern standard in this location, with an Information Memorandum available and some details subject to a confidentiality agreement.
