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Prime Freehold Motel Investment - Garden Motel

958-968 George Street, North Dunedin

Hotel Motel Leisure
dollar

$2,795,000 Plus GST (if any)

Floor area
730m2
Land area
1696m2
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Property details

Listing # CIC64348 | Listed on 9 July

Garden Motel presents an outstanding investment opportunity to secure the freehold of this well-established Motel, superbly positioned on sought-after George Street in the heart of Dunedin.

Set on a prominent site within easy access to Dunedin's CBD, University, hospital, cafes and restaurants, the property features an excellent mix of 16 units from studios to two bedrooms and a sizeable 3-4 bedroom manager's home with spacious living areas and a private courtyard, the home also has the benefit of a separate title.

It is no surprise that current buyer demand for Motel freeholds and leases is so strong, as according to Stats NZ early 2026 data, 2025 visitor numbers topped 3.5 million for the first time since the Covid-19 pandemic, and with Dunedin outperforming the national average for guest nights, combined with Garden Motel's high occupancy rates this presents the prime time for investment in this quality property.

Key Features:

  • Prime George Street location
  • Established and reputable Motel
  • Well-maintained Motel units and facilities
  • Great sized managers home on separate title
  • Excellent exposure and accessibility
  • Close to CBD, great restaurants, botanical gardens, university and hospital
  • Further opportunity to purchase the business separately
  • Strong investment opportunity

Garden Motel delivers location, income, and long term potential, with opportunities of this calibre in central Dunedin rarely available and with buyer demand so strong a savvy investor will want to act now.

$2,795,00 plus GST (if any)

Don't miss this serious investment opportunity, call today to view!

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