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 rooms delivering multiple income streams and strong guest appeal 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. Profitable, well-established accommodation business in a prime Dunedin location, offered for sale for the first time.
2. New 35-year lease in place, providing long-term tenure and stability.
3. Mixed-property composition: operates as a motel, guesthouse and deluxe studio complex, creating multiple income streams.
4. 28 rooms across three different accommodation levels, allowing segmentation for varying guest preferences and budgets.
5. Boutique character with practical operations, marketed for contemporary, relaxing and safe stays.
6. Strong reputation and broad guest appeal, including provision of a Kiwi breakfast experience.
7. Owner-operator opportunity with onsite living potential, enabling reduced personal household expenses.
8. Business covers key property and operational costs when owner lives onsite, including power, rates, insurance, phone, repairs, improvements and internet.
9. Positioned as a realistic, affordable entry into the hospitality and accommodation sector, suitable for lifestyle change or tourism expansion.
10. Information Memorandum available via coffeys.co.nz, with some listing details confidential and released only under a confidentiality agreement; enquiries directed to Derek Johnson.
