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DealProspect/Listings/Hospitality & Tourism

Freehold Holiday Park, Picton

Holiday Park

ActiveHospitality & TourismMarlboroughB2C
Asking price
$4,500,000
Disclosed · NZD
Revenue
EBITDA
Implied multiple
n/a
Price includes the property
Brief
  • One of the South Island's last remaining privately owned holiday parks of scale, in sought-after Waikawa Bay, Picton
  • Sold as a freehold going concern with land, buildings and business all included
  • Multiple accommodation streams from tent and powered sites through to chalets and cabins
  • Spacious, well-landscaped grounds of circa 6 acres in a quiet, family-friendly setting
  • Excellent managers residence and park facilities in a turn-key operation
  • Proven demand with loyal returning guests and appeal to both domestic and international travellers
  • Scope for further development, expansion or repositioning, with a redevelopment subdivision scheme already in existence
  • Suits investors, developers or hands-on operators, or as a bolt-on to an existing portfolio