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Home / Business

High overseas interest in Kiwi paradise at Golden Bay

Kirsty Wynn
By Kirsty Wynn
Reporter·NZ Herald·
26 Nov, 2016 04:00 PM2 mins to read

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The slice of Kiwi paradise for sale includes riparian rights to Tukurua Beach. Photo / supplied

The slice of Kiwi paradise for sale includes riparian rights to Tukurua Beach. Photo / supplied

A slice of Kiwi paradise has attracted interest from potential buyers from Switzerland, North America, the UK and also a syndicate of local families.

More than 75 parties have expressed an interest in the sprawling Golden Bay property which has riparian rights to Tukurua Beach.

The South Island property, with a current valuation of $2.83m, includes the Golden Bay Holiday Park with more than 6ha of freehold land, a stream and a property boundary that goes down to the mean high-tide mark.

Bayleys agent Doug McKee had spent time on the phone with international buyers but said there was plenty of local interest in the campground with riparian rights to the beach.

Buyers could keep the property as a campground or turn it into a private residence. Photo / Bayleys
Buyers could keep the property as a campground or turn it into a private residence. Photo / Bayleys
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"We are getting down to crunch time now so I was on the phone through the night to an interested party in Switzerland," McKee said.

""We have also had strong interest from a small group of local families who would buy it as a syndicate and have it for their own personal use."

McKee said the highest level of interest was from those wanting to buy it "because they love it" but who would also continue owning it as a business.

The campground business was a virtual "turn-key" operation, McKee said.
It has 200 camping sites - powered and unpowered - seven cabins that can sleep up to six people each and two architecturally designed, 5-star rated luxury beach houses, with plans for 10 more.

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McKee said there was room to expand the luxury cabin side of the business which would extend the lucrative holiday season.

"The place is remarkable in winter but that's not camping weather," McKee said.

The property has riparian rights, which means that the beach will belong to the new owners.

It is close to numerous walking tracks and natural beauty spots, including Te Anaroa Caves, Te Waikoropupu springs, Kahurangi National Park, Heaphy Track and Abel Tasman National Park.

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It is within walking distance of one of New Zealand's most famous pubs, The Mussel Inn, home of Captain Cooker manuka beer.

Offers on the property close at 4pm, Friday December 2.

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