Cromwell TOP 10 Holiday Park - Huge opportunity

1, Alpha Street, Cromwell, Central Otago

Price On Application

Proposed Usage
Hotel & Leisure
Floor Area
1.00 m²
Land Area
130155.00 m²
Description:
Property ID
1bs6gn8

This 4 Star Plus Qualmark TOP 10 holiday park is located in Cromwell Township the hub of Central Otago. Opportunities of this scale, with its outstanding location and strong cash flow, are rare and highly sought.
The location of the Holiday Park within the Cromwell township lends itself perfectly to future development subject to gaining the appropriate consents it would be ideally suited for a substantial residential subdivision or further visitor accommodation projects. Financially the holiday park is performing very well and is experiencing continual growth providing strong cashflow while the new owners consider their future options.
The property comprises 13 hectares (32 acres) of freehold land. The entire property is predominantly flat, with a gentle slope towards the south/east. The Western boundary of the property fronts directly onto the Cromwell Golf Course. The park-like setting is enhanced with numerous established trees throughout providing shelter and shade for campers over the summer months.

This extensively developed complex which is in excellent condition includes the following facilities (in brief): 10 Motel units, 18 cabins, 300 powered caravan sites, 210 tent sites, 3 bedroom managers residence adjoining the office/reception area, 3 bedroom caretakers residence, storage shed and workshop, main amenities block with TV lounge, kitchen, laundry and dining room, 2 further secondary amenities blocks, 2 toilet blocks, children's playground complete with large jumping pillow, barbecue area and caravan storage area and all the usual chattels associated with this type of business.
Cromwell Top 10 Holiday Park is a slice of Kiwi summer paradise, the destination of choice for generations of Kiwi families. located in the charming township of Cromwell the hub of Central Otago just an hours drive from Queenstown and Wanaka the playground for holidaymakers and tourists to enjoy world-class scenery, fishing, swimming and boating, surrounded by some of New Zealand's top natural attractions.

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Cromwell Area