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Property Ref: 3868

Motel-Lodge in Stunning Semi-Rural Setting – “The Good Life” plus Income!

Property Type: Motels, Other Accommodation, Development Opportunities, Lodges

Sale Type: Freehold Going Concern, Business only, Leasehold Interest (Business)

Region: Otago

Physical Address: 100 School Road South, Mosgiel, NEW ZEALAND

Price: $2,100,000 + GST (if any)

Broker: Peter Gale

Mobile: +64 21 608 107

Email: peter@tourismproperties.com

Stunning Motel/Lodge in Semi-Rural Setting. “The Good Life” with Income!!

You may be looking for an accommodation business that’s a little bit different. Perhaps you are yearning for a change of lifestyle but still want some income. This very special freehold opportunity is now available for sale.

Featuring 10 modern luxury units set on the Taieri Plans in Mosgiel, Longbourne Lodge has been designed to provide the best of accommodation experiences. The sunny, spacious, warm cottages and garden studios nestle on five peaceful acres amongst trees and newly landscaped gardens. Set on approx. 5 acres (2 hectares) Longbourne Lodge is conveniently located just 20km from Dunedin Airport, 18km from Dunedin city and 3.3km from the restaurants, shops and supermarkets of Mosgiel.

This wonderful property can be comfortably managed by one person and features:

  • 10 luxury, self-contained units including:
    • Garden Studio
    • 1-Bedroom “Cosy Cottages”
    • 2-Bedroom “Family Cottages”
    • Family Garden Studio
  • Set on 5 acres of beautifully landscaped gardens
  • Large well-appointed owner’s home (suitable for a family)
    • 3 x bedrooms
    • 2 x bathrooms
    • Open-plan with butlers pantry
    • 2 offices
    • Private garden courtyard
  • Passive solar heating, double-glazing and solar hot water
  • Offer rain collected filtered drinking water
  • Waste water is recycled for the gardens.
  • Excellent turnover and net profit

There is massive scope for a motivated operator to grow this business and enjoy a great income. Some opportunities are;

  • Agri-tourism – a significant growth segment
  • Develop a ‘glamping’ area
  • Function venue – plenty of space to put up a marquee for weddings etc
  • Meetings/conferences
  • Home office – the current owner has previously run another business from home while still managing the Lodge
  • Scope to develop additional units (subject to required consents)

The price of $2.1M + GST (if any) for the freehold going concern is outstanding buying for such a substantial property.

If you arrive in Dunedin by air, you’ll pass Mosgiel on the way into the city. This large suburb doubles as a country town for the local farmers.

Mosgiel is part of Dunedin, but separated from the city by hills. It takes its name from Mossgiel in Ayrshire, the farm of poet Robbie Burns, who was the uncle of one of Dunedin’s founders. Mosgiel’s history is interwoven with the wool products industry. It no longer has a woollen mill, but it’s home to one of New Zealand’s largest agricultural research institutes. As an important service town for the Taieri Plains farming community, Mosgiel has a wide selection of retail and service businesses.

The hawthorn hedges, small farms, grand houses, old oak trees, narrow country roads and peaceful countryside here are as close as you’ll get to rural England in New Zealand. It’s the perfect place to explore by car or bicycle with beautiful hidden corners such as Woodside tucked under the hills and the timeless village of Outram – the ideal picnic spot.

Functional facts: Approx. population 6700, wide range of shops and services, international and domestic airport (Dunedin).

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Financials Y/E 2019 & 2018

Financials for April & May 2019 - BIG increase over previous years!

Financials 2yrs 2016 and 2017

Valuation

Title

Chattels List

Plant & Equipment

Property Details

Property Type

Motels
Other Accommodation
Development Opportunities
Lodges

Sale Type

Freehold Going Concern
Business only
Leasehold Interest (Business)

Region

Otago

Physical Address

100 School Road South, Mosgiel, NEW ZEALAND

Price

$2,100,000 + GST (if any)

Contact Agents

Peter Gale - Tourism Properties Broker

Peter Gale

Tourism & Hospitality Business Broker
South Canterbury, Waitaki, Otago & Northern Southland
International: +64 21 608 107
NZ Mobile: 021 608 107

Email: peter@tourismproperties.com

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