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DealProspect/Listings/Hospitality & Tourism

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.)
~$213,067
Estimated · comparable listings of this type and size
Implied multiple (assumed)
~3.7×
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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