The following listings are Leasehold Property listings and are arranged according to price, lowest first. For further information on this type of investment please read the 'What type of Investment?' page. This should help you to find the best investment for you. Remember we may have a business or property listing for you that is not advertised on this website. Please send your enquiry for further assistance.

Other types for sale:

Freehold Going Concerns

Investment Properties

Management Rights

Quick Help - click on any of the following to go straight to the listing

Mosgiel – On Dunedin’s Doorstep - SOLD

Ref LH814 

Convenient Accommodation

10 modern, comfortable units

Close to Dunedin Airport, Rail Trail, Wingatui Racecourse and Velodrome.

Spacious carpark

Long 32 year lease

Large 3 bedroom owners home

Realistically priced for a quick sale.

Alexandra – Popular Central Otago

Ref LH813   

Alexandra’s Top Motel

Opened in 2007 an consisting of 13 superior studio, 1 & 2 bedroom units.

This motel enjoys a high occupancy and is now awaiting good leessee managers.

Situated on 2600m2 land with a large carpark area.

28 year lease.

New 3 bedroom, 2 bathroom spacious owners home.

  Asking Price. – Leasehold Business $750,000 + GST if any

  Finance Available

Queenstown - Best Location in Town - Great Business

Ref LH415   

Situated within a few minutes walk of the CBD, this motel also affords great views of mountains and lakes. Therefore it is little wonder it trades very well and attracts an excellent clientele. The units offer good flexibility with several options for travellers with studios, one and two bedroom apartment options. The accommodation is very well presented and refurbished to a high standard. Guests appreciate the undercover car parking facilities and in winter the great storage and drying room for ski equipment. Our vendors have genuine reasons to offer this excellent business for sale so they will negotiate.

  Asking Price. – Leasehold Business Offers over $650,000 plus GST if any

Invercargill - Excellent Presentation – SOLD

Ref LH411  

This is an excellent motel property and the leasehold is now for sale offering you a great opportunity to operate a very good business with perfect living conditions. The motel has ten ground floor units with a mix of one and two bedroom apartments furnished to a very good Qualmark rated 4 star standard. The owners’ residence is three bedroom, lies beautifully to the sun and has a private garden with large double garage. This motel was built by one of the leading motel builder / developers and has been well maintained with attractive gardens setting off the strong street appeal. This business will not disappoint on inspection. Consequently do not hesitate.

  Asking Price. – Leasehold Business $SOLD

Oamaru - North Otago

RefLH713   

Oamaru has been riding on the crest of a wave as tourists discover the unique local attractions on offer and the affordability of an overnight stay. Here is a well presented complex in spacious grounds and with excellent street profile on the State Highway. There are 10 units offering a good mix of studio, one and two bedroom units – some older, some newer and refurbished to offer every comfort. The owners residence is a spacious three / four bedroom family home with private living areas, and the business offers potential for growth. There is a long lease on offer so combined with the provincial lifestyle on offer this is an opportunity not to miss. 

Asking Price - $350,000 plus GST if any - leasehold business

Cromwell - At the Heart of all this Region has to Offer - SOLD

Ref LH315SO    

This centrally located, premium complex, opened in 2006 and is adjacent to Cromwell Mall and the retail business district. There are 16 studio and 1 bedroom air-conditioned units including double spa bath suites with fixtures, fittings and chattels of a high quality. The motel is Qualmark graded 4 star plus and provides a superior and spacious owners’ residence. Since opening the trading has been good with future growth still in prospect. A long lease is in place.

Dunedin - A Genuine Unique Opportunity

Ref LH812    

Occasionally something with a difference comes onto the market that offers a bit of class in a property with style and ambience. Dunedin accommodation businesses are usually very sought after for the city attracts excellent patronage from tourism, commercial and event visitors alike. This business is minutes from the CBD and numerous attractions and has been completely refurbished to a high standard in the last two years. There is great potential for a new owner/operator to build on the existing business. The complex offers a versatile mix of large units, studio's and shared facilities rooms ideal for groups, small conferences, families, business and tourists. This includes 2 spacious 2 bedroom & 3 bedroom self-contained units, 7 motel units with kitchens and en-suites and 6 bed & breakfast rooms with tea/coffee making facilities and fridges - overall accommodation for around 50 guests. There is a spacious guest lounge, conference room/facilities and two attractive courtyards and very comfortable owners/managers accommodation.  A long lease with favourable rent, at a good price completes this package!

Asking Price - $450,000 plus GST if any - leasehold business This property is also available as a freehold going concern.  Please refer appropriate section

Invercargill - Prosperous Southland

RefLH520    

Here is an ideal first motel opportunity with upside potential as Southland leads the national economy back to prosperity.

The motel occupies an excellent location on Tay Street - prime arterial road in to the city. It is adjacent to Stadium Southland, the cycling velodrome and regional sports fields. There are three near new units plus seven newly refurbished quality units comprising studio, one, two and three bedroom options. There is a spacious three bedroom owners’ residence with inter-connecting guest reception area. The business is showing excellent turnover and occupancy growth complemented with a favourable in-going rent and 35 year lease term.

Leasehold Asking Price - $350,000 plus GST if any.

Dunedin - Excellent lifestyle business

RefLH806  

Ideally situated on Cumberland Street and handy to University, Hospital and CBD this motel offers eight quality, spacious well maintained north facing units. All units are 2 bedroom, which are ideal for families and groups. All are fully self contained with under floor heating. There is a comfortable separate 4 bedroom owners residence. The business is currently achieving excellent occupancy, turnover & profit. The leasehold offers a long secure lease - expires approximately 2023.

Leasehold Asking Price - $360,000 plus GST if any.

Otago Peninsula, Dunedin - unique lifestyle opportunity.

Ref LH807  

Otago Peninsula offers a rare eco tourism opportunity, close to leading Dunedin attractions such as Larnach Castle and the Albatross colony! With magnificent harbour views and eight quality units (built in late 2003), the motel is fitted and chattelled to a high standard. There is an attractive harbourside drive of 15 minutes to Dunedin city making this property a great option for those wanting the good life. Separate two bedroom owners residence, increasing turnover and a new 35 year lease make this an attractive proposition.

Leasehold Asking Price - $395,000 plus GST if any.

Dunedin - At the Gateway to Otago Peninsula - SOLD

Ref LH316SO   

It is hard to find a quality lease opportunity on the Dunedin market at this price! An especially well performed established suburban motel complex easily found, with quiet location, 3.5 km from city centre and close to the attractions of Otago Peninsula. The motel occupies a spacious site with 14 ground floor units offering an excellent mix of fully self contained studio, 1, 2 and 3 bedroom units. All units are well maintained and presented throughout and attract a good clientele including business clients, tourists, families and groups. The owners’ accommodation is a very comfortable private 2 bedroom residence. The business offers impressive turnover and profit.

Dunedin - Rare 18 Unit Lease Opportunity

Ref LH808  

This property has an excellent location, right at the entry to the city, 5 minutes drive to CBD. Units are very tidy and well presented in a chalet style complex with a good mix of studio, 1 and 2 bedroom spacious self-contained units. All are Qualmark graded 3 star standard. The business is a Member of popular Golden Chain Accommodation group.

Leasehold Asking Price - lease $650,000 plus GST if any.

Oamaru - North Otago, Top Referral Chain

Ref LH809

As always Bella Vista have secured the prime town centre location with a high profile main road site. Built to proven specifications, this complex is a larger modern complex with 18 units comprising 7 studios, 9 fully self-contained kitchen units and two one bedroom kitchen units. There are inter-connecting rooms providing extra options and spa bath units. Every guest need is catered for as befits a Qualmark rated 4 star property. The Bella Vista referral chain has long established a sound business platform and this has strengthened the business performance. The owners are well accommodated in a three bedroom apartment with space and internal garage.  

Asking Price - Leasehold Business Negotiable over $725,000 plus GST if any.

Oamaru - Best in Town, Brand New Quality Property

Ref LH601

 Opening in late 2008, Oamaru Motor Lodge offers visitors to Oamaru the very best in accommodation standards and it has quickly captured an excellent response from the market. Designed and built to exacting standards the motor lodge occupies a prime 1730m² site with double street frontage on Thames Highway just a few minutes from the centre of this vibrant regional centre. Oamaru and surrounds are increasingly attracting the visitor market with great local attractions and the surrounding rural sector underpins the economic viability and growth of the region. The motor lodge offers 15 high quality units designed and constructed to the best standards, including spa units and every comfort and facility in mind. With a brand new 35 lease on offer, this represents an excellent opportunity to build a strong business. The owner’s residence is exceptional with three bedrooms and spacious living. 

 Asking Price - $695,000 plus GST if any – Leasehold Business.

 Note this motor lodge is also available as a Freehold Going Concern. Please refer to the Freehold Going Concern section.

Wanaka - A very desirable business - Highly Motivated Vendor

Ref LH320SO

This fourteen apartment complex was constructed less than six years ago and offers luxurious accommodation located close to the Wanaka CBD, in a beautifully landscaped, relaxed and peaceful environment.

 The apartments are fully self-contained and specified to a high standard with guest facilities including a ski room with lockers for each apartment. In addition the business includes management rights over two adjoining three bedroom apartments which boosts the profit performance for the complex. Owners are accommodated in a private two bedroom apartment. 

 Revenue growth has been excellent however the business is still growing and new owners can reap the unrealised potential that exists.

 SOLD

Dunedin - Substantial Modern Complex Performing at a High Level

Ref LH811

Without question this motel complex is one of the best of offer. It is located on a busy main street in central City location, close to University and overlooking beautiful parkland. There are 25 self-contained luxury apartments – just five years old – and rated 4 star plus by Qualmark. There is an excellent mix of studio, one and two bedroom units together with guest breakfast / conference rooms and broadband internet facilities. The complex has very strong trading performance and the bottom line rewards the business owners. The owners’ residence is three bedroom, two bathroom and includes a lovely private courtyard.

 Asking Price - Leasehold Business Negotiable over $1,500,000 plus GST if any.

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