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. Top-rated property, Tripadvisor 4.9/5 and ranked #1 of 31 Dunedin motels, flagged as a Travellers' Choice property.
2. Exceptional Booking.com performance, 9.3 overall from 1,011 reviews, with very high scores for cleanliness, comfort and staff.
3. Recent major refurbishment completed in winter 2016 with interior designer input, enhancing contemporary appeal and guest satisfaction.
4. High-spec guest amenities, including air conditioning, double glazing, full insulation, underfloor heating, heated towel rails and unlimited high-pressure hot water.
5. Boutique-scale operation with just 10 units, supporting a quiet, high-quality guest experience and strong repeat visitation potential.
6. Prime location on George Street in 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 market appeal to corporate, leisure and event demand due to location, quality and proximity to key institutions.
8. Attractive positioning for hands-on owner-operators or investors seeking a managed model, offering operational flexibility.
9. Property set within an attractive old English cottage garden, contributing to boutique character and guest experience.
10. Entry-level opportunity to enter Dunedin’s sought-after motel market, with additional information available via a downloadable Information Memorandum subject to a confidentiality agreement.
