Situated on over 1.5 hectares of prime Bay of Islands waterfront lies the profitable Paihia TOP 10 Holiday Park. Set between Opua and Paihia on the coastal walkway and overlooking Veronica Channel, your own quiet private bay surrounded by bird laden native bush, this slice of paradise offers a wide range of accommodation options from tent sites to family studios.
The facilities are modern and maintained to a high standard. In addition to the standard amenities the holiday park provides a two-bedroom manager's residence, shop, tourist desk, playground, BBQ area, boat ramp and an outstanding café where you can grab your morning flat white and bacon sandwich while you talk about the day's activities ahead. A further highlight is a beautifully landscaped, heated swimming pool keeping the kids occupied for hours.
The financials reflect the current fully managed structure and are in positive growth. The top line boasts significant turnover and the P&L allows the owners some flexibility in hours as well as a keen focus on social responsibility which includes year-round jobs which benefit the community.
Growth opportunities are far from exhausted with an open resource consent for a 24 metre all-tide jetty and upgrade to the existing boat ramp. There are several greenspace areas which could be further developed subject to council approval. This could include closer subdivision of these fee simple titles under FNDC zoning of coastal living.
The cherry on the top is another four-bedroom house (Top House) with a water view and direct access to the holiday park and waterfront. Although currently tenanted, this is an ideal owner's dwelling allowing you to be close enough but still removed from the operation if you wish. Or keep the current management structure and take a passive investment interest only while living in this residence and enjoying the bay lifestyle. Alternatively, further income could be generated from either short or long-term rental accommodation options.
Whether you are an experienced or novice operator, a land banker or developer this property has options galore. They're not making any more real estate like this, seize your piece today!
This is a Freehold Going Concern - plus GST (if any).
Situated on over 1.5 hectares of prime Bay of Islands waterfront lies the profitable Paihia TOP 10 Holiday Park. Set between Opua and Paihia on the coastal walkway and overlooking Veronica Channel, your own quiet private bay surrounded by bird laden native bush, this slice of paradise offers a wide range of accommodation options from tent sites to family studios.
The facilities are modern and maintained to a high standard. In addition to the standard amenities the holiday park provides a two-bedroom manager's residence, shop, tourist desk, playground, BBQ area, boat ramp and an outstanding café where you can grab your morning flat white and bacon sandwich while you talk about the day's activities ahead. A further highlight is a beautifully landscaped, heated swimming pool keeping the kids occupied for hours.
The financials reflect the current fully managed structure and are in positive growth. The top line boasts significant turnover and the P&L allows the owners some flexibility in hours as well as a keen focus on social responsibility which includes year-round jobs which benefit the community.
Growth opportunities are far from exhausted with an open resource consent for a 24 metre all-tide jetty and upgrade to the existing boat ramp. There are several greenspace areas which could be further developed subject to council approval. This could include closer subdivision of these fee simple titles under FNDC zoning of coastal living.
The cherry on the top is another four-bedroom house (Top House) with a water view and direct access to the holiday park and waterfront. Although currently tenanted, this is an ideal owner's dwelling allowing you to be close enough but still removed from the operation if you wish. Or keep the current management structure and take a passive investment interest only while living in this residence and enjoying the bay lifestyle. Alternatively, further income could be generated from either short or long-term rental accommodation options.
Whether you are an experienced or novice operator, a land banker or developer this property has options galore. They're not making any more real estate like this, seize your piece today!
This is a Freehold Going Concern - plus GST (if any).