Dunedin 11 Unit Motel FHGC - Vendor Finance

Dunedin City
Reference: OS365
Motel / Motor Lodge
Land, Buildings and Business $3,100,000

Not many opportunities become available to purchase the land and buildings and business of motels, especially in the sought-after Dunedin motel market.

Located away from the hustle and bustle of the city, nestled in suburban Dunedin and close to St Kilda and St Clair beaches. Situated on a road which is the gateway to the Otago Peninsula and the beauty that it offers.

This 11-unit (13*) complex, has been extensively renovated, including window joinery, roofing (new house roof Dec 2022), kitchens, bathrooms, exterior painting, carpeting, appliances, electrical work, plumbing and unit fixtures. EV charging station installed February 2023.

Inspection will show that a lot of the hard work has been done and the motel is all ready to perform for the next operators. For the last five and a half years transitional housing has been the 99% occupancy generator, with the Government contract in place until the 30th of June 2023.

Owner's residence is a three to five-bedroom villa style house with three bathrooms. Freshly painted February 2023, with the roof also replaced in the summer of 2023. The house is all ready for you and includes one of the bathrooms fully renovated.

*The front two bedrooms have ensuites and are a king and queen studios with their own separate access. These have been used to supply accommodation for some regular guests on a few occasions and are very tastefully renovated in keeping with the charm of the house.

Vendor Finance would be considered for approved purchasers.

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 Land, Buildings and Business of this Motel for sale in Dunedin via our website or by phoning DEREK JOHNSON on 0800 263339, DDI 03 927 4277 or 027 240 1285.

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Derek Johnson

Derek joined Coffeys in April 2021. He decided to step up to the plate and help other moteliers & accommodation business operators buy or sell their properties after the challenging year of COVID 19.

Derek brings with him over 18 years’ experience in the hospitality and tourism industry. Managing and owning businesses has been particularly important to him. He owned and operated a large rural hotel for 10 years prior to leasing a successful & highly profitable 19 unit motel in Wanaka (pre-Covid) with his wife Crystal. They have done extensive work on upgrading & modernising the interiors. Also, a lot of effort has gone into landscaping & improving/upgrading outdoor facilities such as the playground. He is very fond of his roses found throughout the property.

His role as the local publican gave him a variety of experiences with the public and within the community, such as sponsorship for all the main local sports teams. Derek loves to chat to people.

SO YES. Derek knows how to market your property and importantly, he also understands how you run your business. Let him help you get the result that you want. Derek says he chose to come to Coffeys as he believes in the brand and their ethics.

Travelling regularly from Wanaka to Dunedin to see his daughter, filling his time in there with projects around the holiday home – although he is not too sure when the ‘holiday’ part starts. His interests are hiking and sports – any kind! Rugby and cricket (which he loved to play), being his favourites. Family time is most important to him.