PROVEN ALPINE INVESTMENT- 18 YEAR LEASE TERM

200, Jacks Pass Road, Hanmer Springs, Hurunui

Auction

Proposed Usage
Office
Floor Area
1080.00 m²
Land Area
79870.00 m²
Description:
Property ID
1c4l129



Colliers International is pleased to present to the market 200 Jacks Pass Road, Hanmer Springs. The offering comprises a well established tourism investment opportunity, situated on a significant land holding of 7.9ha which is leased on an 18 year lease term to Ark Enterprises Limited trading as the Alpine Adventure Holiday Park, returning $100K per annum net income.

Situated just 2.5km outside the town in a quiet, bush-clad valley at the foot of Jack's Pass, the park is set on the site of an historic staging post once used by drovers and musters bringing stock through Molesworth Station. Even today this is still the largest working farm in the South Island High Country of New Zealand.

The camping ground offers a wide range of accommodation options to suite all tastes and budgets, with ample residual space for further intensification of the camp site or potential tourism activities in the future and option to potential investors and developers.

The property will be marketed via auction 10am, Thursday 7 March 2019 (unless sold prior) at Colliers International Auction Room, Building 1, Level 1, 181 High Street, Central Christchurch.

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Hanmer Springs Area