Bike park and farm has income, potential
Thundercross Valley Dirt Bike Park, a professionally-run, acclaimed adventure tourism business on a 300ha rural estate in North Waikato, is for sale for the first time in over 20 years as the current owners look to retire.
Jeremy Keating and Wyatt Johnston, directors of Arotahi Agribusiness, are marketing the tourism business and farm property as a freehold going concern. It’s for sale by deadline private treaty closing on Friday December 8.
Located at 3068 State Highway 22, Glen Murray, the asset is underpinned by the versatile and attractive drystock farm operating alongside the successful dirt bike park business, says Keating.
“Thundercross is a popular and wellestablished attraction which draws more than 3000 paying riders each year. The park features 38km of formed tracks catering to riders of all ages and abilities, with training also provided.
“With a strong customer base including many frequent riders, this business is well placed for a new owner to pick up and continue its success.”
A well-situated four-bedroom home, with double garaging, established gardens and views to the north over much of the farm, offers comfortable rural living. The home is set against an attractive stand of mature bush with a waterfall and stream.
The property also provides 237ha of farmland, interspersed with native bush, that has been leased for cattle grazing and maize cropping.
Additional amenities include a four-bay implement shed, yards and a consented quarry, providing multiple potential income streams.
There is also the possibility of developing additional tourism-related attractions complementary to the dirt bike park, Johnston says.
“The property has significant untapped potential for further growth and diversification alongside the bike park, farm and quarry.
“Additional developments could include accommodation and activities like paintball, abseiling, rock climbing and ziplining to tap into other visitor groups such as adventure tours and team building events,” he says.
Another highlight is the rustic Wool Shed Cafe, which currently serves as a sign-in centre for dirt bike park visitors.
Subject to consenting, this could be operated as a stand-alone business to attract motorists passing along the highway, Johnston says.
“The range of opportunities for owneroperators to increase revenue and maximise the potential of this Highway 22 location are quite impressive.”
The property is near the Golden Triangle between Auckland, Tauranga and Hamilton, making it ideally placed to capture a significant visitor market. Nearly 50 per cent of New Zealand’s population is based within a two-hour drive of Thundercross.