538 Great King Street, Dunedin North, South Island
Superb Central Retreat, Motel Business For Sale Now In Dunedin
Price by negotiation
Business Description
Central Retreat & High Corporate & Family following – Act Fast!
KEY FEATURES
• High profile location in Dunedin
• 21 modern units of various configurations
• Excellent long lease
• Great year-round occupancy rates
• High corporate and family following
• Stylish and attractive street appeal
• Arguably one of Dunedin’s quietest motels
• Built over two levels, with established gardens and landscaping
• Recently refurbished, all with modern tiled bathrooms
• Plus a pet friendly, modern 3-bdm manager’s apartment
This 21 unit motel complex which enjoys an exceptionally long lease is situated strategically on the northern route to the Northern Motorway and enjoys awesome guest parking and the manager’s three bedroom apartment and ground floor office/reception area is in a separate building. The manager’s apartment is on two levels and the ground floor lounge opens out on to a private and self-contained courtyard which allows a new business owner to have a pet.
The office has exceptional frontage to Great King Street as the office and manager’s apartment and courtyard are in a separate new building but adjacent to the recently fully refurbished motel complex that has direct access to George Street, Dunedin’s main street.
The 21 units in the motel are some of Dunedin’s quietest motel suites as positioned well back from Great King Street and feature good configuration to allow for the corporate and family markets. Being adjacent the Otago University attracts a good base occupancy throughout the year. The stadium is also situated very close by.
This is a superb Motel Business opportunity that is hard to beat, register now and then call me to arrange your viewing – tomorrow!
For more details please contact specialist Accommodation Business Broker, Adrian Chisholm, AREINZ, by using the contact form on this page, thank you.
Property Ref: 33335
Business Summary
Key Investment Insights
1. High profile location in Dunedin, strategically situated on the northern route to the Northern Motorway.
2. 21 modern units of various configurations, catering to both corporate and family markets.
3. Excellent long lease in place.
4. Great year-round occupancy rates, with a high corporate and family following.
5. Stylish and attractive street appeal, with established gardens and landscaping.
6. Arguably one of Dunedin's quietest motels, providing a peaceful retreat for guests.
7. Built over two levels, with a separate building for the manager's apartment and office.
8. Recently refurbished, with all units featuring modern tiled bathrooms.
9. Pet-friendly, with a modern 3-bedroom manager's apartment that opens onto a private courtyard.
10. Adjacent to Otago University and close to the stadium, providing a steady base occupancy throughout the year.
