Mosgiel, Otago

Mosgiel Regency Motel is an attractive modern 16-unit motel conveniently located on the main street of Mosgiel, a delightful town just 15 minutes south-west of Dunedin city, and 15 minutes from Dunedin Airport. The location is easy walking distance to the main Mosgiel shopping area, where there are retail stores, cafes, and eateries - a real "plus" for motel guests.Mosgiel Regency Motel has a three-bedroom on-site Manager's residence providing very comfortable living for a family, including a log burner and two heat pumps.This is a rare opportunity to purchase a profitable motel in a busy town which attracts guests staying for family events, for business visits, and who enjoy staying in an area away from the "hustle and bustle" of the city, which is a relatively short drive away.The motel has been well-maintained and presents very well. The units are fully double glazed with heat pumps, making a comfortable environment for guests. The business is secured by a lease which has over 24 years to run.We see this as an excellent opportunity for a couple to step into the role of our Vendors and enjoy the rewards of operating a successful motel, as our Vendors have done for a long term. Make it yours - enquire now!$769,000 plus GST (if any)Please contact the agents for further information:Athol McCully 027 433 8052 or athol.mccully@naiharcourts.co.nzMarc Martinovich 027 292 0455 or marc.martinovich@naiharcourts.co.nz