Property Ref: 66268

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Glenavy’s Waitaki River Motor Camp – Tap into the Booming Tourism industry

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Property Information

The owners Anne & Joe have put their heart & soul into this business, but they now wish to pursue other interests.

They purchased a very run-down camp-ground with no business at all and in 4 ½ years have developed it into a superb Qualmark-rated 4-star motor camp.

They have just been awarded the 2018 Tripadvisor Certificate of Excellence for the second time. This is for the consistent achievement of high ratings from travellers. Booking.com is rating around 8.9% - Fabulous.

After significant development and upgrading of the grounds and buildings, the business is now starting to show reasonable return which is improving month by month.

In the first 8 months of this financial year they are up by approximately 35% turnover on the same period last year and steadily improving. 

There are all sorts of options for new owners including adding additional cabins and/or powered sites or perhaps subdividing some of the spare land.

This must be seen to be appreciated! Featuring a substantial land-holding, outstanding location and well-maintained grounds and modern amenities this business currently consists of the following:

  • 3 x freehold land titles total 1.8169 hectares as per:
    • 1,212m2
    • 1,200m2
    • 15,757m2
  • 4 x modern cabins
  • 2 x caravans
  • 36 x large powered site
  • Recently added 2-bdrm owner/manager accommodation and office
  • Amenities block with showers, toilets, and laundry facilities, kitchen and new lounge/TV room with outdoor covered dining area
  • EV 'friendly'- Electric vehicle charger, Britz has just purchased 10 electric motorhomes and Glenavys Waitaki River Motor Camp is on their itinerary.

There is considerable scope for further development on the back of rapidly increasing visitor numbers. Guests are a good mix of Kiwis and International travellers. Because this business is just in its infancy the current trading figures do not reflect the massive potential. As such there is minimal goodwill factored into the owner’s price expectations.

Expressions of interested are invited from parties with the indicative price range being NZ$750,000 - $1M (plus GST if any)

If the price is right, the owners will also include an additional Freehold section which has its own power and water and runs adjacent to the camp boundary [1,420m2]

 

This is an angler and duck hunter’s paradise - with prime access to the famous Waitaki River with salmon (season 1st October to 31st March) and trout (season 1st October to 30th April) fishing, white-baiting (season 15th August to 30th November) and duck-shooting. Walk to the Waitaki River Glenavy hotel or the local Store or take a leisurely drive to the award-winning Riverstone Kitchen which is only approx. 4 km away. The motor camp is often used us as a base for guests exploring the Waitaki Hydro Lakes or heading towards the Alps to Ocean trail. It is handy to many attractions including Oamaru and its Blue penguins and lovely heritage buildings, Waimate and its Wallabies.

Tourism is booming! Visitor arrivals to New Zealand are expected to grow 4.6 per cent a year, reaching 5.1 million visitors in 2024 from 3.7 million in 2017 and total international spend is expected to reach $14.8 billion in 2024, up 40 per cent from 2017 (source: http://www.mbie.govt.nz).

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  • Historic-titles (new titles due soon) - 2.9 MB

  • Financials-prelim.pdf - 49.5 KB

  • Occupancy 2014 - 22.7 KB

  • Occupancy 2016 - 20.3 KB

  • Occupancy 2015 - 22.6 KB

  • Occupancy 2018 - 18.0 KB

  • Occupancy 2017 - 20.3 KB

  • Holiday-Parks-Key-Insights.pdf - 698.7 KB

"...We stopped on our way back to Christchurch for 2 nights and would definitely stay again. We stayed in one of the cabins which are super cute and with the fabulous facilities on site we didn't go without during our stay."

"...Room was awesome, cosy and tidy. The camping ground is absolutely beautiful. We had tea in the BBQ area. Awesome facilities and superb showers and toilets. Everything was awesome."

"...This is a perfect location to explore the area...The cleanest and friendliest place we have been to in all of NZ (and we've been all over)!! Clean free showers, fully equipped kitchen, TV and free wifi..."

"...The cabins are cozy, clean, and comfortable and they include a refrigeration which was a nice touch...."

"Beautiful campground, with all the facilities- clean and fresh with plenty of showers...."

"The camp is very well maintained and all facilities spotlessly clean..."