Campground for sale - Kamo Springs Holiday Park

55, Great North Road, Kamo, Whangarei

Tender

Proposed Usage
Development Site
Land Area
30948.00 m²
Description:
Property ID
1c05qm6

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 is currently leased until 31/10/2019. The campground has a high occupancy of permanent and semi-permanent residents - housed in cabins, as well as sites for campers and tents.

• High profile location with direct access to the main road
• Approximately two minutes from Kamo and 10 minutes from Whangarei CBD
• 3.0948ha freehold land zoned residential
• Percentage of turnover lease has an average income of approx. $50,000 pa + GST
• Potential to renew lease, redevelop the site or operate the campground on lease expiry
• Campground occupies approximately 1.3678ha of land with approximately 1.7270ha bare land
• Freehold title to be issued early 2018

On offer from the same vendor is the neighbouring Arise Church and land (see bayleys.co.nz/1050698). Purchase one or both titles.

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

Tender (unless sold prior)
Closing 2pm, Thursday 7th December 2017
84 Walton Street, Whangarei, New Zealand

Enquire about this property

Kamo Area