Wonderful lifestyle and Bed & Breakfast business opportunity

Consistent ratings of over 8 / 10 in Tripadvisor, Booking.com and Top Choice Lonely Planet Guides

Arden Street House is a successful and profitable Bed & Breakfast located in central Dunedin in the sunny side of lovely North East Valley, with beautiful mountain views and the Dunedin Botanical Gardens on our doorstep.

With 5 guest rooms of various configurations, a large guest lounge and kitchen, private owners apartment with 1 bedroom, lounge and  bathroom.  Arden Street House is a perfect location for those seeking a lifestyle choice and income from home, providing the opportunity to operate a boutique Bed & Breakfast in central Dunedin.

The property

Arden Street House has been running as a B&B home-stay since 2001 (16 years).  Joyce Lepper and Dave Carter have loved the lifestyle of meeting guests from all around the world and have built up a profitable business to provide an excellent income and lifestyle choice, grossing in excess of $100,000 per year every year for the last 5 years. They feel the time is right to pass on this wonderful business  and start travelling again!  

Arden St House is a characterful  homely two-storey mansion, In a very sunny location, situated very close to the beautiful Dunedin Botanical Gardens in a quiet cul-de-sac with great parking and close to the city centre.

It features 5 guest rooms, one with ensuite bathroom, a guest lounge, large balcony with barbecue facilities and private kitchen, lounge, bathroom, laundry and bedroom.

There is also a 1 bedroom manager's apartment which has a lounge/kitchenette and bathroom. 

Location, location, location!

Arden Street House in North East Valley, Dunedin, is a 3  minute walk to the city's beautiful botanic gardens, a 15 minute walk to Otago University and a 5 minute drive to the city centre. Only 600 metres away is the local supermarket, several pubs and bars and some top-notch eateries.

It is conveniently located for visits to Dunedin’s major attractions, with the pristine beaches of the Otago Peninsula almost on the doorstep!

Dunedin

Dunedin is best known for its picturesque harbour setting, lively student population and Scottish heritage. It's the second largest city in the South Island, and is considered one of the country's four main centres for its colonial history and prominence within the Otago region and the South Island  with the city population of 120,246 at 5 March 2013 . Dunedin is surrounded by dramatic hills and at the foot of a long, picturesque harbour, it is one of the best-preserved Victorian and Edwardian cities in the Southern Hemisphere.

Tourism

Dunedin attracts around 2 million visitors annually, with New Zealanders making up the majority. There is an average of 5500 visitors daily, many of whom have made the trip south to see Dunedin’s renowned wildlife and heritage for themselves. A growing part of this sector is the cruise ship industry, with 96 ship visits bringing 232,000 visitors during the 2016/2017 season.

Otago Peninsula

The views are endless and the beaches are beautifully rugged. Nestled at the foot of Taiaroa Head is the Royal Albatross Centre, the only place in the world on the mainland where you can view Northern Royal Albatross in their natural habitat. On Dunedin’s doorstep you will also find incredible wildlife including the world’s rarest penguin colonies.

University city

The city's largest industry is tertiary education – Dunedin is home to the University of Otago, New Zealand's first university (established 1869), and the Otago Polytechnic. Students account for a large proportion of the population; 21.6% of the city's population was aged between 15 and 24 at the 2006 census, compared to the New Zealand average of 14.2%. This of course, results in families needing accommodation throughout the academic year, as well as a vibrant arts, music and cultural scene, with many festivals , conferences  as well as sporting events.

The business

Are you wanting to purchase a successful and profitable New Zealand  business from home/ lifestyle , while avoiding all the fees , commercial sellers like Colliers International, Prime Commercial, Coffeys and Tourismproperties charge? Then think about coming direct to us the seller and avoid extra add on charges!  

Tripadvisor and  Booking.com ratings of 8.1 / 10, 

Top Choice Lonely Planet Guides for Dunedin 2016 / 2017

Occupancy for the month of January 2017 was 70% on average, across a total of 10 rooms (4 having been sub-let from an adjacent building), one of which is not advertised.

Our strong financials; profit and loss statements and relevant documentation are available to interested parties.