17-Unit Motel Leasehold, Dunedin

17-Unit Motel Leasehold, Dunedin — Hospitality & Tourism · Dunedin · Asking $799,000

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…

DealProspect/Listings/Hospitality & Tourism

17-Unit Motel Leasehold, Dunedin

Motel

ActiveHospitality & TourismOtagoB2C

Find funding for this deal →View original listing ↗

Asking price

$799,000

Disclosed · NZD

Revenue (est.)

~$561,806

Estimated · comparable listings of this type and size · typically within ±30%

Earnings (est.)

~$209,871

Estimated · comparable listings of this type and size · typically within ±25%

Typical multiple

~3.8×

comparable listings of this type and size · typically within ±25%

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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