Mosgiel, South Island
Close to Dunedin Airport - Motivated Vendors
Business Lease $399,000 Price Reduced from $445,000
Business Description
Bonnie Knights has a solid regular corporate client base and is located closest to Dunedin Airport, which is soon to become an international airport again. An easy drive to Forsyth Barr Stadium, Dunedin University, Dunedin Hospital rebuild and Dunedin City. The first motel going into Mosgiel off SHW1 can be the first choice to stay.
Offers above $399,000 are being sought following a price reduction from $445,000.
New super-fast Wi-Fi has been installed and a private carpark gives parking directly in front of each unit. Gas water heating throughout the units mean that guests can enjoy great high-pressure showers.
Why buy a house? Bonnie Knights Motel comes with all the house you and the family will need. Three bedrooms and two bathrooms owners' accommodation with a huge lounge which conveniently backs onto the office and can view the motel car park. Sunny open plan kitchen includes a dining/living room with a single internal access garage. Wood burner with wet back heats the whole home. Plenty of off street parking.
Buy a motel and live onsite in a great home, be your own boss, own a business and bank the profits for yourself. The vendor is leaving you with a good solid business that enjoys good year-round performance.
Location is so important in the motel industry, this property just a 15km drive from Central Dunedin, 13km from Dunedin Airport and 300 metres from the State Highway One off ramp linking Dunedin's 134,000 people and Mosgiel's 14,600.
An option is available for extra lease years to be organised and purchased on your behalf upon settlement.
Some details of this listing are confidential and can only be disclosed upon completion of a confidentiality agreement, included in the Information Memorandum available on our website.
We would welcome your enquiry on the Business Lease of this Motel for sale in Mosgiel via our website or by phoning DEREK JOHNSON on ---------- , DDI ---------- or ---------- .
Business Summary
Key Investment Insights
Key Insights:
1. Close proximity to Dunedin Airport, making it a convenient location for travelers.
2. Solid corporate client base.
3. Potential for growth with the upcoming international status of Dunedin Airport.
4. Easy access to popular attractions such as Forsyth Barr Stadium, Dunedin University, and Dunedin Hospital.
5. Motel is the first choice for accommodation in Mosgiel, being the first motel off SHW1.
6. Motivated vendors with a reduced asking price of $399,000.
7. Newly installed super-fast Wi-Fi and private carpark for each unit.
8. Gas water heating and high-pressure showers for guest comfort.
9. Spacious owners' accommodation with three bedrooms and two bathrooms.
10. Wood burner with wet back for heating the entire home.
11. Plenty of off-street parking.
12. Good year-round performance of the business.
13. Option for additional lease years to be purchased upon settlement.
14. Confidential details can be disclosed upon completion of a confidentiality agreement.
15. Location is a key factor in the success of the motel industry, with the property being close to a major highway and a large population.
16. Opportunity to be your own boss and own a profitable business.
17. Information Memorandum available on the website.
18. Enquiries can be made through the website or by phone.
