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DealProspect/Listings/Hospitality & Tourism

Central Dunedin Motel & Motor Lodge

Motel

ActiveHospitality & TourismOtagoB2C
Asking price
$1,590,000
Disclosed · NZD
Revenue (est.)
~$1,979,168
Estimated · comparable listings of this type and size
Net Profit
$411,469
Implied multiple
3.9×
asking / earnings
Brief
  • 25-unit motel/motor lodge in a high-profile Central Dunedin location on Great King Street (SH1)
  • Mix of 18 studio units, 5 one-bedroom, 4 units sleeping up to four, and 2 two-bedroom apartments
  • Includes a three-bedroom owner's residence with ensuite and private courtyard
  • On-site conference facility seating up to 20-30 people, plus reception and function space
  • Strong repeat-guest base and highly rated location on Booking.com
  • Owner selling to retire closer to family in Christchurch