Ad ID: 52332

Motel for Sale Otago

Perfection with Profits to Match

Business Description

Motel for Sale Otago

 

Best Western 555 on Bayview can only be described in superlative terms, from the 26 units offering excellent Qualmark-rated 4-Star Plus accommodation, onsite well-equipped Conference Room and facilities, to the 3-bedroom Manager’s residence, all complimented with convenient car parking.  The business is secured by a long lease, and reasonable rent.

Best Western 555 on Bayview is sited on a highly visible corner site in an excellent Dunedin location. Our Vendors have maintained the complex to a very high standard throughout, and this shows in the presentation and the performance of the business.

Best Western 555 on Bayview is one of just nine Best Western accommodation properties in New Zealand, and one of just two in the South Island.  The Best Western brand is well-known and highly regarded overseas, so that many overseas guests are attracted to using this recognisable brand in New Zealand.

Dunedin is a city where the University and business combine to provide leading motels with year-round custom.  Regular University graduation ceremonies, sports events, families and friends visiting students and the city, corporate guests and tourists, combined with the restricted ability to readily build more motel/hotel complexes close to the CBD, provide strong motel occupancy levels which are the envy of moteliers in many other New Zealand cities. 

We see Best Western 555 on Bayview currently providing one of the best opportunities in the motel industry in the South Island to purchase a top-flight motel business with superior profitability.  Early enquiry is recommended. Price on Application. Contact selling agent Athol McCully today (ph 027 433 8052) for further details!

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