FHGC Boutique Hotel
Dunedin businesses for sale
Accommodation/Motel/Hotel businesses for sale
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About this business for saleFHGC Boutique Hotel
The Brothers Boutique Hotel has spectacular views of Dunedin City and its harbour and offers convenience, history, charm and tranquillity. Centrally located, it is a 6 minute walk to the restaurants, bars and cafes of Dunedin's City Centre.
The hotel comprises of 15 rooms, each with a modern ensuite bathroom and central heating. There are 7 tiers of room options, most of which come with balcony access and stunning views.
Other facilities include a guest dining room and lounge and off street parking for 15 vehicles. The parking site is on a separate title which presents development potential. The hotel can also cater to boardroom meetings and small conference groups.
Included in the sale is the recently refurbished two bedroom stand-alone owner’s residence.
This former stately residence from the 1920’s underwent extensive renovations in 2005. The works carried out transformed the home into elegant European style accommodation. The renovation spanned 8 months and involved, new plumbing, new wiring, installation of a central heating system, earth quake proofing and fire rating.
The Investment Opportunity
For sale as a freehold going concern (land, buildings and business), The Brothers Boutique Hotel offers new owners an opportunity to be part of New Zealand’s fast growing tourism accommodation market.
Dunedin city, New Zealand’s seventh largest city, is also known as ‘The Edinburgh of the South’. It is a thriving city with a positive and upbeat feel. There is an abundance of funky bars, cafes and restaurants which result in a vibrant social scene, while a number of outstanding galleries and museums provide a rich cultural aspect.
Dunedin is renowned for its proximity to an incredible range of wildlife. A short drive from the city centre is the Otago Peninsula, which is home to the world's only mainland breeding colony of Royal Albatross.
Dunedin is also memorable for its historical architecture and is regarded as one of the best preserved Victorian and Edwardian cities in the Southern Hemisphere. It even has an authentic castle – Larnach Castle. Another claim to fame is Baldwin Street, the world's steepest residential address!
+64 9 579 9226
+64 21 177 9760
*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.