AD ID: 131549

18 Unit Motel for Sale Dunedin

Location:
Asking:
Business Lease $1,169,000
Type:

Popular 18 Units George Street Close to CBD

18 Unit Motel for Sale Dunedin

Why buy this 18 Unit Motel Business

18 Unit Motel for Sale Dunedin

Motel on George Street Close to Dunedin Hospital, University and Central Dunedin, 18 Units.

Here is an exceptional opportunity for someone to purchase a larger motel business on Dunedin's established motel mile, within easy walking distance of shops, restaurants, cafes, university, hospital and the hospital new build.

One of Dunedin's best performing motels with a consistent turnover, this motel has the horsepower to generate consistently good returns for any prospective purchaser. Multiple demand drivers are medical, education, corporate, events, tourism both domestic and international.

This well-known motel is situated amongst other motel properties in what is a popular locality for guests, it is highly visible and enjoys good occupancy all year round.

Ideally located for both corporate and holidaying guests, it offers 18 spacious units with a great mix of studio, one-bedroom and two-bedroom units, all a comfortable size.

This motel would be highly recommended to any prospective purchaser wanting a rock steady investment and return in one of the South Island's most consistent motel destinations. Room to increase turnover and profit in a low-risk city where demand for quality motels invariably exceeds supply makes this a very attractive proposition.

Exceptionally well-priced given all the factors so strongly in its favour, this outstanding motel demands an early enquiry.

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 on the Business Lease of this Motel for sale in Dunedin via our website or direct to DEREK JOHNSON: P: 03 568 0620 M:027 240 1285 E: derek@coffeys.co.nz.
For more info Contact:

Derek Johnson

027 240 1285 or 03 568 0620
Coffeys Tourism Property Brokers Ltd
Licensed REAA 2008
Broker Ref: OS942
Derek Johnson
Coffeys Tourism Property Brokers Ltd

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