Close to Dunedin Airport - Motivated Vendors

Dunedin City
Reference: OS744
Motel / Motor Lodge
Business Lease $399,000 Price Reduced from $445,000

Bonnie Knights has a solid regular corporate client base and is located closest to Dunedin Airport, which is soon to become an international airport again. An easy drive to Forsyth Barr Stadium, Dunedin University, Dunedin Hospital rebuild and Dunedin City. The first motel going into Mosgiel off SHW1 can be the first choice to stay.

Offers above $399,000 are being sought following a price reduction from $445,000.

New super-fast Wi-Fi has been installed and a private carpark gives parking directly in front of each unit. Gas water heating throughout the units mean that guests can enjoy great high-pressure showers.

Why buy a house? Bonnie Knights Motel comes with all the house you and the family will need. Three bedrooms and two bathrooms owners' accommodation with a huge lounge which conveniently backs onto the office and can view the motel car park. Sunny open plan kitchen includes a dining/living room with a single internal access garage. Wood burner with wet back heats the whole home. Plenty of off street parking.

Buy a motel and live onsite in a great home, be your own boss, own a business and bank the profits for yourself. The vendor is leaving you with a good solid business that enjoys good year-round performance.

Location is so important in the motel industry, this property just a 15km drive from Central Dunedin, 13km from Dunedin Airport and 300 metres from the State Highway One off ramp linking Dunedin's 134,000 people and Mosgiel's 14,600.

An option is available for extra lease years to be organised and purchased on your behalf upon settlement.

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 Business Lease of this Motel for sale in Mosgiel 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.