Development options at Kerikeri holiday park

A rare opportunity has arisen to buy a sizable and subdividable piece of land in the heart of Kerikeri.

The popular Kerikeri Holiday Park and Motel is for sale by Harcourts agents Bill Easton and Jay Prestt, providing multiple possibilities to the purchaser.

The location, the shortage of subdividable land within walking distance of town, access to the golf course, connection to the town sewerage system, together with the property’s aspect and contour make partial subdivision a viable option without affecting the current turnover.

Consent has been granted for three lots to be subdivided at the beginning of the park. These could be further subdivided into at least 16 residential lots.

The property is a huge 5.26ha bordering the Puketotara River. Fully laid out, it showcases mature trees, manicured lawns, a river boundary and terraced contours.

The holiday park and motels have great turnover, which has continued to increase year on year. It includes 230 beds under roofed accommodation in a variety of motel, cabin, studio or dorm formats, as well as camping sites.

Occupancy rates are well above average and a contract for seasonal workers helps off-season occupancy. There is resource consent for a further 20 cabins.

The holiday park features recreation areas for adults and children. On-site managers are rostered for the daily running of the park, allowing new owners to be passive or as hands-on as they choose. The workers’ buses, trucks, mowers and other equipment to maintain the park are included in the chattels.

The separate three-bedroom owners’ accommodation is on one of the consented lots for subdivision and has been refurbished. Another option for owners’ accommodation is a three-bedroom home which sits above the office complex.

The property can be viewed by appointment only and is being marketed by tender.