Dunedin Central, South Island
Lifestyle Income, Prime Location, 35-Year Lease
Business Lease $1,180,000
Business Description
A rare opportunity to purchase a profitable, well-established accommodation business in a prime Dunedin location with lifestyle and income all in one.
Offered to the market for the first time and a new 35-year lease, this property is a motel, a guesthouse and a deluxe studio complex which obviously presents an appealing mixed income stream.
Opportunity for an owner-operator seeking to take control of their future and enjoy the rewards of being their own boss. Live onsite and save on all those bills the standard home endures as the business will take care of the normal home expenditures, power, rates, insurance, phone, repairs, improvements, internet and other bits and pieces.
With a new lease in place, this is an excellent home and income opportunity and a realistic, affordable entry into the hospitality and accommodation sector. Whether you are looking to expand your tourism interests, make a lifestyle change, or secure a proven income-generating business, this property offers the ideal balance of profitability, flexibility, and lifestyle.
Boutique in character and practical in operation with 28 room’s delivering multiple income streams, strong guest appeal, and the chance to step into an established accommodation business in one of Dunedin's sought-after locations.
This classic Kiwi guesthouse has built a strong reputation for providing contemporary, relaxing, and safe accommodation to a broad range of guests and travellers and provides that Kiwi breakfast experience. Three different levels of accommodation, allowing the property to appeal to varying guest preferences, budgets, and travel styles. This flexibility creates a resilient and attractive business model with wide market appeal.
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. New 35-year lease in place, providing long-term tenure and security for investors or owner-operators.
2. First time offered to market, indicating a rare acquisition opportunity.
3. Mixed accommodation offering comprising motel, guesthouse and deluxe studio complex, creating multiple income streams.
4. 28 rooms across the property, supporting scale and revenue diversity.
5. Three distinct levels of accommodation, enabling appeal to varied guest preferences, budgets and travel styles.
6. Boutique character with practical operations, supporting strong guest appeal and repeat business.
7. Established reputation for contemporary, relaxing and safe accommodation, including a Kiwi breakfast experience.
8. Owner-operator opportunity to live onsite and reduce personal household expenses, with business covering power, rates, insurance, phone, repairs, improvements and internet.
9. Positioned in a prime Dunedin location, described as one of the city’s sought-after areas.
10. Marketed as an affordable, realistic entry into hospitality and tourism expansion or a lifestyle change.
11. Information Memorandum available from the agent’s website, enabling due diligence for serious buyers.
12. Some listing details are confidential and require a signed confidentiality agreement, indicating sensitive financial or operational information.
