One of the larger holiday parks in North Canterbury has been placed on the market for sale - just in time for buyers to take advantage of the influx of tourists headed to New Zealand for the summer.
The Rangiora Holiday Park, located 33 kilometers north of central Christchurch, in Waimakariri, offers camping and holiday park facilities with an expansive main residence, independent water supply and sewerage disposal.
Positioned opposite the Rangiora Racecourse and approximately three-and-a-half kilometers from the town’s main shopping hub, the park is a freehold going concern stretching over 3.99 hectares.
On-site amenities for guests include a large ablution block with single-sex facilities, a communal main kitchen, coin-operated laundry and guest lounge with internet access. Also on-site, another toilet block, child’s play area, swimming pool and smaller splasher pool.
Over the 23 years they have owned and operated the park, the vendors have amassed an impressive configuration of cabins, units, chalets and larger lodges, alongside 80 powered sites and a grassed area available for tents.
It has been well reviewed on tourism sites such a Trip Advisor, with many visitors awarding it five stars out of five.
The unique configuration of the three-storey main house provides private dual living areas capable of comfortably housing residents in self-sufficient quarters - and offers buyers the opportunity for additional income.
Through the A-framed entrance at street level, guests access the reception which opens into a central glazed atrium and winding timber staircase.
While the ground floor houses mirror image configurations of a master bedroom, kitchen, lounge with log-burner, dining room, laundry and water closet on either side of the atrium, the upstairs comprises four additional bedrooms. At basement level there is parking for three vehicles, an office and work-bench.
Bayleys Canterbury sales agent Kate Mullins explains “The duplicate yet independent living areas of the main house present new owners with the prospect of accommodating extended family, staff or to explore a job-share arrangement.”
The park is a popular destination for long-stay residents, who account for the occupancy of up to 70 sites and cabins at any one time, ensuring a consistent income stream year-round. Some of the units are individually owned with clear resident agreements in place.
There is also a steady-flow of casual guests, comprising of contractors, seasonal workers, sports groups and families.
“Demand for affordable accommodation is perennial,” Ms Mullins said, adding that while visitor numbers swell in the summer months, contractors and casual workers account for a large number of short term residents.
The park, which is at the northern end of Canterbury’s Inland Scenic Route, is also a popular destination for winter tourists, with adventure seekers exploring the nearby Canterbury Plains, Arthurs’ pass National Park and Craigieburn Forest Park.
With more and more New Zealander’s looking for more affordable housing and tourism in New Zealand enjoying an unprecedented boom, holiday parks with longer-stay options will remain in high demand.
The park, a proven and well established business model, presents an opportunity for either passive investors to run it under management or operators who are seeking a healthy work-life balance.
The tender deadline for Rangiora Holiday Park is September 22.