When it comes to making strategic investments and purchasing a business, Dunedin stands out as an ideal choice. With its breathtaking natural beauty, thriving economy, vibrant community, and supportive business environment, Dunedin offers investors a wealth of opportunities along with a lower cost of living and business.
The Lifestyle Without the Price Tag
Dunedin is nestled amidst stunning natural landscapes, whilst offering the amenities of city-dwelling life making it a highly desirable place to live and work. Compared to other major New Zealand cities, Dunedin offers a relatively affordable cost of living and doing business. Lower property prices, reasonable rental rates, and competitive wages make it an attractive option for people looking to establish or expand their businesses.
Supportive Business Environment
Dunedin is committed to fostering entrepreneurship and supporting business growth. The local government and various organisations provide a range of resources, grants, and incentives to attract and assist entrepreneurs. The Dunedin City Council and the Otago Chamber of Commerce offer mentoring programs, networking events, and business development initiatives that aid in establishing and expanding businesses. The supportive ecosystem enhances the chances of success for new ventures and offers ongoing support for established enterprises.
Tourism Potential
Dunedin is a popular tourist destination, attracting domestic and international visitors throughout the year. The city is known for its rich cultural heritage, historical architecture, wildlife encounters, and outdoor adventures. Buying a business in the tourism sector allows owners to tap into this lucrative market, catering to the growing demand for unique experiences and accommodation options.
Business Sales Market
In light of the challenges in the property market, investors are turning to business investment as a means to secure better returns and cash flow. The region's diverse range of business opportunities attracts entrepreneurs and investors who recognize the potential for success in Dunedin, Wider Otago, as well as Southland.
Jono Kennedy and Ricky Cockerill, Otago-Southland ABC Managing Partners say;
"Dunedin and the surrounding area present a thriving business sales landscape, with retirees seeking suitable buyers, a resurgent hospitality industry, a resilient economic environment, and the allure of a well-balanced lifestyle. Whether you are interested in selling or buying a business, the region offers abundant opportunities to explore and prosper."
To view business we have available in the region click here.
