Ad ID: 64534

Motels for Sale South Otago

Motels leasehold interest (business) for sale with modern and spacious three bedroom owner's accommodation. The asking price is $425k +GST (if any) But don't be afraid to make an offer!

Location:
Asking:
$425,000
+GST

Business for Sale Description

Motels for Sale South Otago

Interesting motels opportunity!

Comprising two 'combined' but distinctly different brands - This business has scale - with 24 units - that caters to a diverse range of travellers.

Motor Lodge is an older development that is ideal for those on a budget, school groups, sports groups etc. It comprises 10 units ( 2 x studio, 3 x two bedroom and 5 x one bedroom)

Motel Court is an impressive, modern (2006), well-appointed 'four-star' complex that serves the discerning customer. It includes 14 units ( 10 studio. Including two access units and four 2 bedroom units with 3 with spa baths). The loyalty programme provides extra incentive to stay. Bookings may be made either direct or through the booking programme.

Motel owners accommodation: The owner’s accommodation is modern and spacious three bedroom residence with two bathrooms and open-plan kitchen/dining, connected to the office area. The Kitchen includes a commercial oven if you choose to offer meals to guests.

Purchase price of motels business: The asking price of $425,000 (don't be afraid to make an offer!!) reflects the fact that the Lease has approx 15years to run.

Business Resources

Motel features:

Excellent location

Short driving distance to Dunedin’s International airport

Easy driving distance to Dunedin City

Ample parking

Excellent occupancy

24 units to suit all needs

For comprehensive property listing details please contact us now.

Interested In This Opportunity?

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Similar Business Opportunities:
Motels for Sale Otago
Businesses for Sale Otago
Tourism Properties.com
For more info
Contact:

Adrian Chisholm

021 727 888
Tourism Properties.com
REAA 2008
Broker Ref: THL-56988

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