Key Investment Insights
AI generated. Confirm details with the seller.
1. Asking price reduced from $880,000 to $799,000 following a strong 2026 financial year, with some recent months setting motel records.
2. Accommodation comprises 17 spacious, well appointed studios and one and two bedroom units with kitchen facilities.
3. Accommodation suits corporate guests, contractors, families and sports groups, supporting a diverse guest mix.
4. Flexible management options include operating independently, as a couple, or appointing a manager.
5. St Kilda Beach is directly across the road, 300 metres away, with St Clair cafes and restaurants a 15 minute beach walk.
6. Dunedin city centre, hospital, university and Forsyth Barr Stadium are approximately four kilometres away, within a five to ten minute drive.
7. A family sized upstairs owner's home provides onsite accommodation, with Dunedin's largest children's playground just 200 metres away.