Whangarei Central Holiday Park for sale by owners - 3 options available

Whangarei Central Holiday Park business is set on 3 acres with 30 units, 42 powered sites & 14 tent sites.

Close to Whangarei city centre – 10 minute walk or 1 minute drive & just 2 hours drive north of Auckland.

The land is over 2x 18 year leases, with option to buy adjoining freehold property.

Consistent figures over the last 3 years, with room for improvement.
Main income from tourist/overnight guests.
Some long term tenants providing steady source of income.
Extra income from wifi & laundry machines.
Online booking sites used Booking.com, Bookit.co.nz and Vendors website (rebuilt early 2018) - part of intellectual property.

Current Staff details
One cleaner - part time (20hrs/week)
2 owners/managers - full time
For sale by current owners/managers of 13 years

Option 1)
Price $610,000 (+GST if any)
Whangarei Central Holiday Park business with 2x 18 year leases over 3 acres, 15 buildings & long list of other assets/chattels

Option 2)
Price $740,000 (+GST if any)
Freehold property with 5 residences over 3 titles on 1002m sq. This property features 3x 1brm motel units & 2x 2brm units. The 1brm units are split level, renovated in 2009 & are tidying up/repainting now (NOV 18). One of the 2 brm units was tidied up in 2009 to host overnight guests, while the other was in poor repair &  was stripped internally, with view to fully renovate. This unit was then turned into a games room for the holiday park, when budget was spent on the other units.

Option 3)
Price $1,250,000 (+GST if any)
Buy both Option 1 & Option 2, discount of $100,000

For more information:
Website - whangareicentral.co.nz
 

Contact Address
34 Tarewa Road, Morningside, Whangarei
Contact Name
Brad or Clare
Contact Phone
09 438 6600