Ad ID: 55597

Exquisite Motel Property for Sale Dunedin

Idyllic Lifestyle, Home and Significant Income

Business Description

Exquisite Motel Property for Sale Dunedin

This charming property offers the often sought but rarely found opportunity to enjoy both income and lifestyle. Sited on five landscaped acres in beautiful Otago, close to Dunedin International Airport and surrounded by picturesque scenery,  the business is close to all amenities, yet placed perfectly to offer peaceful accommodation to the more discerning traveller.

Development on the property is relatively new: the original four cottages were built in 2008 and   complimented by six additional studios in 2014.   The accommodation decor is simple yet stylish and the internal layout designed for both customer enjoyment and operator ease of maintaining a high level of presentation.  The original concept and layout of this property has contributed to the success of the business, as demonstrated by the positive feedback and reviews   The business has developed sound occupancy, excellent repeat trade and positive sales growth.

The freehold-going concern business currently services a wide clientele of both international and domestic travellers, weddings, businesses, family functions, and sports teams.

In addition to the accommodation buildings, the property contains a comfortable three bedroom home for the owner/operator or manager, along with a large garage.

Income last financial year was up by 37% and the business is continuing to grow. There are also potential opportunities for further development of the property.

This business is an excellent opportunity for a new owner to either enjoy a relaxed pace of living whilst reaping the income of a well established and performing business, or add their own flair and character to the property and develop additional opportunities to take it to new heights.

NZ tourism is experiencing significant growth in visitor numbers / accommodation nights and now is an ideal time to buy a well established business with further potential in a prime tourist destination in the South Island.    

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