Listing #:1503639280

Beach Lodge Motels - St Kilda (DUNEDIN)

Location: Dunedin, Otago
Beach Lodge Motels is a stable cash-flow business comprising 18-units. It has outstanding occupancy with impressive returns! Being close to the popular St Kilda Beach, away from the concentrated 'motel strip' of George Street, and priced at an afforable level, these Motels have a loyal following that is relatively immune to economic cycles.

Located on Victoria Road, one of the access routes through to the Otago Peninsula, it is only a 5-minute walk to St Kilda beach, a 2km drive to St Clair Esplanade with its beach, pool, cafés and bars, a 7km drive to the city centre, the University and Dunedin Hospital.

With all of Dunedin's main sporting facilities, including the new Forsyth Barr rugby stadium, the University Oval, the Caledonian, the Edgar Centre, Logan Park, Alexander McMillan Turf (Hockey) and Moana Pool, Dunedin Ice Skating Rink all situated within easy driving distance, Beach Lodge Motels enjoys strong patronage from visiting sports teams, social groups and businesses.

Current operators have been here several years and now wish to pursue other opportunities.

Secure Motel Lease
Established with long track-record
Popular, strategic location appealing to wide range of clients
Significant repeat business
Set up for easy management
Consistently over 80% occupancy

This is a fantastic opportunity for new operators to secure a proven, profitable business at a realistic price.

Agency reference #: 51676
Asking price: $825,000
Listed: Wed 27 Dec, 12:06 pm
Peter Gale
TourismProperties.com
  • Contact details
  •  (020) 608107
  •  (03) 3956751

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Agent's details

Peter Gale
  •  (020) 608107
  •  (03) 3956751
TourismProperties.com

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