Bayleys Real Estate Ltd
Residential
Commercial
Rural
Property Services
News and Editorial
Auctions

Kamo

55 Great North Road, Kamo, Whangarei

Watchlist
Share
Sold
Slide 1 of 7
1 OF 7
1051672_1.jpg
1051672_2.jpg
1051672_1.jpg
1051672_2.jpg
1051672_1.jpg
1051672_2.jpg
20,000sqm Land area SQM

For Sale by Negotiation

High income campground for sale


Kamo Springs Holiday Park

A rare opportunity to own an historic campground on the city fringe. Located at the Northern end of Kamo and set back from busy State Highway 1, this tranquil campground has a high occupancy of permanent and semi-permanent residents - housed in cabins, as well as sites for caravans, campers and buses.

Zoned residential, the campground offers excellent holding income of approximately $400,000pa, which chould be expanded further, or the land could be developed for residential housing.

• Current gross income circa $400,000
• Direct access to the main road (State Highway 1)
• Approximately two minutes from Kamo and 10 minutes from Whangarei CBD
• 3.0948ha freehold land, zoned residential
• Potential to operate the campground as holding income or develop site for residential
• Campground occupies approximately 1.3678ha of land with approximately 1.7270ha bare land at rear

Purchase price is plus GST (if any)

Viewing is strictly by appointment.
Contact the sole agents for a suitable time to view.

Neil Campbell

Neil Campbell


Mackys Real Estate Ltd, Bayleys,
Licensed under the REA Act 2008

Features

Income


Percentage of turnover lease has an average income of approx. $50,000 pa + GST.

Land


Approximately 1.3678ha of land with approximately 1.7270ha bare land.

Lease


This tranquil campground is currently leased until 31/10/2019. Potential to renew lease, redevelop the site or operate the campground on lease expiry

Location


High profile location with direct access to the main road. Located at the northern end of Kamo and set back from busy State Highway 1.

Occupancy


The campground has a high occupancy of permanent and semi-permanent residents - housed in cabins, as well as sites for campers and tents.

Viewing


Viewing is strictly by appointment.