Kiwithrottlejockey
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« on: December 30, 2011, 12:20:49 pm » |
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Classic Kiwi campground for saleLove the beach and have a spare $1.4m?By CATHERINE HARRIS - The Dominion Post | 11:52AM - Friday, 30 December 2011 PARADISE: The Tatapouri by the Sea camp ground, just north of Gisborne, is on the market.ENJOY YOUR CAMPING HOLIDAY? A business opportunity in Gisborne is offering people the chance to make it a lifestyle choice.
The Tatapouri by the Sea campground, about 13 kilometres north of Gisborne, has been put up for sale.
Popular for its fishing and nearby surf breaks, the campground can take up to 180 campers.
The property is being marketed by Bayleys Gisborne agents Greg Robertson and former world lifesaving Ironman champion Cory Hutchings.
Mr Robertson said in its hey-day in the 1970s and 80s, the Tatapouri settlement was a magnet for the local surfing community and free campers.
With few camping grounds on the market, he said there had already been widespread interest.
"The enquiry has been as far out as the UK and Australia, and we've also had Timaru, Tauranga as well as Gisborne people looking at it."
The campground has been split into two titles and Mr Robertson thought the properties might go for $600,000 to $700,000 each.
During New Zealand's property boom last decade, many campgrounds around New Zealand were put up for sale.
Rising coastal land prices and mixed commercial success saw six per cent of New Zealand's campgrounds disappear in the five years to 2006, according to a Department of Conservation report on family-friendly camping options.
The sale of Mahia's Blue Bay motor camp in 2010 ended in disaster when it was turned into a subdivision which got caught up in the Lombard Finance receivership.
The 44-lot subdivision, bought by Wellington developer Craig Nisbet for $2million in 2004, had been a campground for more than 60 years.
Recent reports show camping in New Zealand is getting more expensive with some holiday parks charging $500 a week for a beachside site.
Figures collected for Statistics New Zealand's Consumer Price Index show prices at camp grounds and holiday parks grew several times faster than prices of hotels and motels during the five years from June 2006 to June 2011.• Related story: Camping with childrenhttp://www.stuff.co.nz/dominion-post/business/property/commercial-property/6202242/Classic-Kiwi-campground-for-sale
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