Freehold Guest Accommodation

Keep your career and use this as an additional income source. This is an ideal time to make a move and invest in this Freehold  guesthouse.

Catering for both long and short term stays this entire complex is almost self managing with the owners currently working outside the business and using this as extra income.

The benefits to owning this investment are that it is owner operated with no staff, plus a low volume work load. Seventeen rooms in total comprising a combination of singles and doubles. Easily managed clientele. Overseas recruitment agency contacts in place providing screened tenants. 

With the pending Dunedin Hospital build and the expected influx of tradespeople requiring accommodation this guesthouse is ideally placed to satisfy some of that demand.

Consideration could be given to either re creating the complex into either a backpackers or a large Air B&B. These options would be subject to a due diligence process plus consent approval.

Separate excellent 1 bedroom owner's accommodation with view over the Anderson's Bay Inlet. Recently modernised with new kitchen, double glazed windows and large deck to enjoy Indoor outdoor living.

OSP for up to 7 vehicles including extra space for owner's vehicle. This is a very well maintained property with consistent revenue and represents a good return on investment.

Quick access to the city approx 8 minutes. This property situated on a tidy 1285m² +- section is a must for inspection. 

To find out more, press the “Enquire Now” button to complete an online confidentiality agreement.

***Some details of the business for sale are confidential and can only be disclosed upon contacting the broker and a completion of a Confidentiality Agreement. Due to the confidentiality of this business a stock photo image may be used to represent the business. Please contact the broker for further details.