17-Unit Motel Leasehold, Dunedin
Motel
ActiveHospitality & TourismOtagoB2C
Asking price
$799,000
Disclosed · NZD
Revenue (est.)
~$550,617
Estimated · comparable listings of this type and size
Earnings (est.)
~$206,770
Estimated · comparable listings of this type and size
Implied multiple (assumed)
~3.9×
Assumed · asking ÷ estimated earnings (as advertised)
Brief
- 17-unit leasehold motel opposite St Kilda Beach in Dunedin; business lease $799,000 (reduced from $880,000)
- Back to market after a strong 2026 financial year, with some recent record months
- 17 spacious studios plus one- and two-bedroom units with kitchen facilities, suiting corporate guests, contractors, families and sports groups
- St Kilda Beach 300m across the road; St Clair cafes a 15-minute beach walk, and 4km (5-10 minutes) to the city centre, hospital, university and Forsyth Barr Stadium
- Family-sized owner's home upstairs; flexible to run yourself, as a couple, or hold with a manager
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