Dunedin Central, South Island
Boutique Dunedin Motel #1 of 31 on Tripadvisor
Business Lease $839,000
Business Description
This is a "quality-first, location-led, reputation-backed" boutique motel with high review scores.
A polished boutique motel offering guests convenience, comfort and a repeat-stay experience.
- Booking.com rating - 9.3 ("Wonderful") with 1,011 reviews, including very high category scores for cleanliness/comfort/staff.
- Tripadvisor - 4.9/5, ranked #1 of 31 Dunedin motels and noted as a Travellers' Choice property (top-performing).
The property underwent a major refurbishment (inside and out) in winter, 2016 with the assistance of an interior designer: air-conditioned, double-glazed, fully insulated, underfloor heating, heated towel rails and unlimited high-pressure hot water which underpins contemporary appeal and guest satisfaction.
Entry-level opportunity in Dunedin's sought-after motel market. Superbly located on George Street in the North Dunedin Heritage Precinct - walk to the University of Otago, Dunedin Hospital, Botanical Gardens, Otago Museum, Railway Station, cafes, restaurants and shops. A well-positioned boutique accommodation business with strong appeal to corporate, leisure and event demand.
Well suited to hands-on owner-operators or investors seeking a managed model, the property offers a compelling blend of location, accommodation quality and operational flexibility.
Set within an attractive old English cottage garden. A true boutique-scale operation with 10 units. The small unit count supports a quiet, high-quality guest experience and repeat visitation.
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. Consistently top-rated property, Tripadvisor 4.9/5, ranked #1 of 31 Dunedin motels and listed as a Travellers' Choice property.
2. Strong Booking.com performance, 9.3 ("Wonderful") from 1,011 reviews, with very high category scores for cleanliness, comfort and staff.
3. Major interior and exterior refurbishment in winter 2016 with an interior designer, delivering contemporary appeal.
4. High-spec amenities including air conditioning, double glazing, full insulation, underfloor heating, heated towel rails and unlimited high-pressure hot water, supporting guest satisfaction.
5. Boutique-scale operation with only 10 units, enabling a quiet, high-quality guest experience and encouraging repeat visitation.
6. Superbly located on George Street in the North Dunedin Heritage Precinct, within walking distance of University of Otago, Dunedin Hospital, Botanical Gardens, Otago Museum, Railway Station, cafes, restaurants and shops.
7. Broad demand profile, well positioned to capture corporate, leisure and event business.
8. Entry-level acquisition in Dunedin’s sought-after motel market, suitable for first-time buyers or portfolio additions.
9. Operational flexibility, attractive to hands-on owner-operators or investors seeking a managed model.
10. Attractive setting in an old English cottage garden, reinforcing boutique character and guest appeal.
11. Information Memorandum available for serious buyers, with some listing details subject to a confidentiality agreement.
