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Property Ref: 20650

Stunning Holiday Park for Sale in Bay of Plenty, NZ

Property Type: Holiday Parks / Caravan Parks

Sale Type: Freehold Going Concern (on Leasehold Land)

Region: Bay of Plenty

Physical Address: 274 Hot Springs Road, RD2, Katikati, New Zealand, 3178

Price: LEASEHOLD INTEREST (BUSINESS), Price by Negotiation

Broker: Malcolm Teesdale

Mobile: +64 27 530 8738

Email: malcolm@tourismproperties.com

Sapphire Springs Holiday Park & Thermal Pools is an absolute jewel!

Set in over 30 hectares of gently contoured fields and bush, just outside Katikati in the Western Bay of Plenty, it offers a wide variety of accommodation and leisure options. From self-contained motel units to camping, swimming and bush-walking, it’s all here in this beautiful park.

Accommodations:

6 self-contained motel units (4 x 2brm, 2 x 1brm) have recently been fully refurbished. All units are spacious, in a private sunny setting, surrounded by native bush.

The Bungalow is a five-bedroom character house with its own kitchen, toilet, shower and lounge. The house can sleep up to 15.

10 cabins have a variety of bedding configurations, sleeping from 2 to 6 people.

The Backpacker Lodge sleeps up to 24. It features four separate bunk rooms off a communal lounge, adjacent to the main facilities.

Sapphire Springs has over 50 powered camping sites. There is also a large field for non-powered camping.

Thermal Pools, Spas, Bush Walks:

Sapphire Springs features 3 outdoor thermal pools, 2 cedar hot tubs and 2 private spas in a picturesque natural bush setting.

The pools are fed from a pure natural warm water spring which flows constantly and enters the pools between 30°C and 32°C. The spas are heated to 38°C. Pools are open daily from 7.00am until 8.00pm and welcome day visitors as well as park guests.

Other facilities include a covered-in poolside BBQ area with coin-operated BBQ’s, changing rooms and toilets, large grassy picnic areas, playground and volleyball net.

By the pools is a huge hall, currently unexploited.

There are also 4 bush walks, mapped and signposted, ranging from 20 minutes to an hour.  The property is set around a sparkling swimmable river that provides hours of entertainment.

The Business:

Over the last 6 years the current owners have invested love, skilled labour and a considerable amount of money on substantial park improvements. And it shows: not just in the condition of the property, but in the financial performance of the business.

The hard work has been done: now the benefits are flowing with revenue from park accommodation, thermal pools admissions, camp shop, coin-operated BBQ’s, showers and laundry, etc. Full financial disclosure is available to qualified enquirers.

While on leasehold land, Sapphire Springs will appeal to freehold buyers too: The Lease is 33 years from 2004 with 33 year rights of renewal. The rent is reviewed only every 11 years and was last reviewed in 2015.

And here’s the clincher: the owners enjoy 2 (yes, two) smartly-renovated three bedroom houses – plus a large day lounge from where they have immediate access to the reception, office & shop and complete surveillance of the park and pools via a closed-circuit security system. (Photos of the houses interiors are available to qualified enquirers.)

The park is currently operated by a couple with 4 permanent part-time staff. It could also be suited to an extended family partnership.

Sapphire Springs Holiday Park & Thermal Pools offers new owners a superb lifestyle and a significant business. Be quick, as this will not hang around!

Confidential Documents

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20650 | Sapphire Springs Holiday Park | Title

20650 | Sapphire Springs Holiday Park | Lease

20650 | Sapphire Springs Holiday Park | Confirmation of Perpetual Lease

20650 | Sapphire Springs Holiday Park | Draft Trading Accounts 5 years to 31 Jan 2020

P&L FY 2020

Sapphire Springs Monthly Income Breakdown 2020

Sapphire Springs Deposits held

20650 | Sapphire Springs Holiday Park | Assets included in sale

20650 | Sapphire Springs Holiday Park | Park Maps

20650 | Sapphire Springs Holiday Park | Park Rules

20650 | Sapphire Springs Holiday Park | Bush Walks Maps

SUMMARY

 Website

Total Reviews

Average Rating

 Trip Advisor. com

48

4.0 / 5 stars

 Booking. com

16

8.0 / 10

 Google. com

255

4.2 / 5 stars

 

Property Details

Property Type

Holiday Parks / Caravan Parks

Sale Type

Freehold Going Concern (on Leasehold Land)

Region

Bay of Plenty

Physical Address

274 Hot Springs Road, RD2, Katikati, New Zealand, 3178

Price

LEASEHOLD INTEREST (BUSINESS), Price by Negotiation

Contact Agents

Malcom Teesdale - Tourism Properties Business Broker

Malcolm Teesdale

Tourism, Hospitality & Leisure Business Broker
Waikato, Taupo, Central Plateau & Bay of Plenty
International: +64 27 530 8738
NZ Mobile: 027 530 8738

Email: malcolm@tourismproperties.com

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