Vendor will meet the market


575 George Street, North Dunedin

Asking Price NZD $1,100,000 + GST (if any)

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Vendor will meet the market | 575 George Street, North Dunedin | 4600636 |      X Close
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Vendor will meet the market


• Central location, easy walk to CBD

• Easy access to restaurants, University

• Modern complex

• 30 year lease

• 80% occupancy post lockdown

If you are looking for a central Dunedin motel complex, this could be the one.

The George Street Motel Apartments is a modern 16 unit complex within easy access to all the facilities of this University town.

The motel offers a selection of affordable, modern 1-4 bedroom units, all double glazed, centrally heated and north facing, that will suit all guests.

This business has good returns and is achieving 80% (June-July) occupancy after lockdown with corporate, family, sports and local tourism guests.

The business has a 30 year lease in place.

The present owner has operated the business for 5 years and is keen to meet the market.

Asking price $1,100,000 and negotiable.

Property details available on request.

575 George Street, North Dunedin

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