Freehold Accommodation Opportunity
About this business for sale in DunedinFreehold Accommodation Opportunity
This is an ideal time to make a move and invest in this Freehold guesthouse. Catering to both long and short term stays this entire complex is almost self managing with the owners currently working outside the business. 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. Excellent easily managed clientele. Overseas recruitment agency contacts in place providing screened tenants.
While this is its current use 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 DCC 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 facilitate Indoor outdoor living.
OSP for 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.
+64 3 366 3394
+64 21 252 5565
*Sellers Discretionary Earnings, also known as EBPITD (Earnings Before Proprietors Compensation, Interest, Tax and Depreciation). This is the estimated total discretionary earnings (profit) for a business, usually based on historical trading.