Whangarei Top 10 Holiday Park

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Whangarei TOP 10 Holiday ParkInformation Memorandum

ContentsIntroduction

TOP 10 Holiday Park Group

Holiday Parks

Northland article

What is for sale?

The Property

Site Map

Photos

Location

Local Attractions

Summary of Legal Description

Disclaimer

3

4

5-6

7

8

9-12

13

14-16

17-20

21

22-42

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IntroductionResort Brokers are pleased to advise that they have been appointed as Sole Agents for the sale of the Business and associated buildings and assets of the Whangarei TOP 10 Holiday Park.

Significant Attributes

• Chainof49TOP10HolidayParksnationwide• TheonlyTOP10inWhangareiCity• RatedQualmark4StarplusandEnviroSilver• 2014TripAdvisorCertificateofExcellence• Lessthan2KilometresfromtheCentralBusinessDistrict• Significantexpenditureonkeyassets

Wayne KeenePh:021666991Fax:093691100Email:[email protected]

3 www.resortbrokers.co.nzwww.resortbrokers.co.nz

Allister SimpsonPh:0211478034Fax:093691100Email:[email protected]

The TOP 10 Holiday Parks Group

TheTOP10HolidayParksGroupisNewZealand’spremierHolidayParksGroup,withallParksattainingQualmark4Starorbetterforquality,andEnviroSilverorbetterforsustainabletourismbusinesspractices.With49TOP10HolidayParksthroughoutNewZealand,eachindividuallyowned,andaCentralOfficewiththeirCEO,basedinChristchurch,responsibleformarketingandstrategicbusinessdirection,aswellasanexclusivePark-to-Parkreferralsystem,theGroupisextremelywellpositionedwithinNewZealand’svisitoraccommodationindustry.

TheTOP10HolidayParksGroup(NewZealand)isalsocloselyalignedwiththeBIG4HolidayParksofAustralia.

http://www.tripadvisor.co.nz/


29 May 2014

Holiday parks rampaging ahead As New Zealand holiday parks hit international TV screens, it’s a good time to be in the sector, with confidence reaching record levels.

The Holiday Parks Business Confidence Monitor for April/May 2014 shows confidence levels are at +76, a healthy 11 index points higher than this time last year.

The Holiday Parks Business Confidence Monitor, developed and managed by Angus & Associates*, surveys the Holiday Parks Association New Zealand’s (HAPNZ) 300 members.

HAPNZ Chief Executive Fergus Brown says this is a great result given that business slows for most parks at this time of year.

“While confidence right now is down slightly on March/April, holiday park owners are feeling positive about the long-term outlook. Confidence for the next 12 months is at a high of +85,” Mr Brown says.

Demand this month compared to the same month last year rose to +60 in April/May, (from +9 in March/April). 71% of HAPNZ members completing the monitor thought demand had increased compared to the same month last year, while 35% expected demand to increase in the coming month.

Ten holiday parks throughout the country are featuring in a new Travel Channel show, RV Rampage, which made its debut on New Zealand TV on Thursday 22 May. Travel Channel broadcasts to over 130 countries around the world, meaning the 10-part series will reach a total potential audience of 200 million.

“We are looking forward to seeing some real results from the great profile this show will give to a New Zealand road trip in some of our key markets,” Mr Brown says.

“International travel and tourism buyers attending TRENZ 2014 last week showed strong interest in what holiday parks can offer their clients. Buyers were particularly impressed with the new holiday parks app which not only provides information on over 300 holiday parks, but also offers road condition warnings, public toilet locations, i-SITE locations and a wide range of other visitor information.”

Angus & Associates is a premier supplier of marketing, research and strategic planning services. They are focused on delivering informed insights for a range of private and public sector clients, particularly within the tourism and leisure sectors.

For more information

Fergus Brown Chief Executive Holiday Accommodation Parks Association of NZ Phone 04 298 3283 Mobile 021 535087 Email: [email protected] Web: www.holidayparks.co.nz

Key facts:

x The holiday park sector provides 38% of New Zealand’s commercial accommodation capacity and 20% of actual guest nights

x In the past year holiday parks provided 6,325,431 guest nights

x Guest nights to holiday parks are made up of approximately 32% international visitors and 68% domestic visitors

x While staying at holiday parks guests contribute $733 million in direct expenditure to the local communities

x Approximately $372 million (51%) of the expenditure is contributed by domestic travellers, with the balance of $362 million (49%) by international travellers

mailto:[email protected]

http://www.holidayparks.co.nz/

What’s For Sale?

TheVendorsaresellingalloftheBuildings/ImprovementsonthesitealongwiththeChattelsandGoodwillassociatedwiththebusiness.

LikealmostallHolidayParks,WhangareiTOP10HolidayParkoccupiescouncillandsohasthebenefitofalongleasebacktothecouncilatanaffordableannualrent.


The Property

WhangareiTOP10HolidayPark,isamemberofNewZealand’sleadingHolidayParksGroup,theTOP10HolidayParksofNewZealand.

ThepropertycomprisesofseveraldifferentprofitcentresfromMotel,Units,Cabins,PowerandTentsites.ItisastunninglocationandadjacenttotheParihakaScenicReservewhichisalandmarkinWhangarei.

Abreakdownoftheaccommodationinventoryisasfollows:44 PowerSites14 TentSites6 SuperiorStandardCabins4 StudioMotels2 TwoBedroomSelfContainedUnits2 EnsuiteUnits

(AllaccommodationinventoryhavethefulluseofKitchenLaundryTVLoungeandBathroomfacilities–GuestscanalsogoonlinewiththeWi-FiorusetheInternetroom)



The Property Continued...

Power Sites & Tent SitesAchoiceofgrassorallweathersites

Superior Standard CabinsAllseparatefreestandingunitswithsinglebedsandbunks.Anopenplanroomanddiningareawithteaandcoffeemakingfacilities.

Studio Motels Perfectfortwopeopleorasmallfamily.Separateandfreestandingmodernunits,spaciousopen-planroomscompletewithcoveredoutdoorverandah.Well-equippedkitchenandbathroomfacilities.

Self Contained UnitConsistingof2bedroomsthisisidealforafamilyortwocouples.Completewithwell-equippedkitchenincludingfridge,microwaveandceramiccook-top.Excellentlivinganddiningareapluscoveredoutdoorverandahmakesforaverypopularchoice.

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Ensuite UnitsTherearetwoofthese,oneofwhichhasaqueenbedonlywhiletheotheralsohasbunksinaseparatearea.Botharewellequippedwithtea/coffeemakingfacilitiesandseparatebathroom,howevertherearenokitchenfacilitiesintheunitsoguestsarerequiredtousetheBBQorcampkitchen.

Managers AccommodationThereisalockwoodstyletwobedroomstandaloneManagershome,locatedclosetoreceptionandhasgoodvisibility.A4bedroomfreeholdhometorentorpurchasemayalsobeanoption.

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Other Areas:

Kitchen, Dining & BBQThereisalsoaspaciouswellappointedkitchenwiththeadjoiningalfrescodiningarea.

Bathroom (Separate Men’s & Women’s)Thisblockhasjustrecentlybeencompletelyrefurbishedtoanincrediblyhighstandard.Allwallsandceilinghavebeenlinedwiththemostmodernproductsandthefloorsaretiledthroughout.Gascalifontsensurethereisalwaysplentyofhotwater.

Laundry – coin operatedThereare3washingmachinesand2tumbledryers(allcommercialquality).Therearealsoseparatetubsandanironingstationaswellas4clotheslinesaroundthepark.

ReceptionThereceptioniswellplacedatthefrontofthecomplexwithlargewindowsenablingawideviewoftheHolidayPark.


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Location

Whangarei,thenorthernmostcityinNewZealand,enjoysasubtropicalclimateandisoneofthewarmestcitiesinNewZealand.Surroundedbybush-cladhills,thecityiscompact;thelandisflatandeverywherewithintheCBDiswithineasywalkingdistance.

Withapopulationofaround53,000,thewiderdistricthasanestimatedpopulationof80,000.

Apopularchoiceforvisitors(NorthlandwasNewZealand’smostpopulardomesticsummerholidayregionlastsummer,capturingabout12%oftheovernightvisitormarketduringDecember2013toFebruary2014andmorethan14%ofthetotalvisitornightsinNewZealand–AATraveller)

Agreatenvironmentinwhichtolive,theregionoffersachoiceofover100beautifulbeaches,stunningcoastlineandoffshoreislands,includingtheTutukakaCoast(rated2ndequalcoastlineintheworldbyNationalGeographicTravellermagazine)andtheworldfamousPoorKnightsIsland(ratedoneoftheTop10divespotsintheworldbyJacquesCousteau).

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Local Attractions

TheTownBasin,ontheshoresofWhangareiHarbour,isahavenforinternationalyachties,andisuniquelypositionedintheheartofthecity.Thismarinaprecinctfeaturesgallerieswithworld-classart,alongsidecafesandspecialtyshops,apopularchildren’splayground,aSculptureWalk,andtheinformativeHeritageTrail.

In2013aninternationallyawardwinning,andNewZealand’sonly,basculeliftingbridgewascompletedtocreateasecondharbourcrossing.UniquelydesignedintheshapeofaMaorifishinghook,andlitupatnight,itsleversopentheliftingplatformeverydayatnoon,toallowboatstopassthrough.

OtherlocalattractionsincludetheKingdomOfZion(BigCatPark),ClaphamsNationalClockMuseum(largestcollectionintheSouthernHemisphere),KiwiNorth(KiwiHouse)andMoaCave,WhangareiArtMuseum,NewZealand’sbest–votediSiteInformationCentreatTheHub,NewZealand’slongestrunningGrower’sMarket,andmultiaward-winningrestaurantslikeàDeco,TopSailandTonic.

MtParihaka,incloseproximitytotheCBD,isaculturallysignificantkeylandmarkinWhangareiduetoitbeingthesiteofNewZealand’slargestPacomplex,andiswithinParihakaScenicReserve,aGreenFlagAwardWinner,aprestigiousinternationalawardforthebestparkswhichrecogniseswell-managed,highqualitygreenspacesthataresustainablymanaged.



Summary Of Legal Description

Identifier NA1663/74LandRegistrationDistrict NorthAucklandDateIssued 07August1959

PriorReferences NA524/70

Estate FeeSimpleArea 473m2moreorlessLegalDescription Lot2DepositedPlan47073

Proprietors TheWhangareiBoroughCouncil……………………………………………………………………………………

Identifier NA1663/75LandRegistrationDistrict NorthAucklandDateIssued 07August1959



ProprietorsWhangareiCityCouncil

……………………………………………………………………………………


Identifier NA523/296LandRegistrationDistrict NorthAucklandDateIssued 10June1930

PriorReferences DI9B.519


ProprietorsTheWhangareiCityCouncil……………………………………………………………………………………

Identifier NA523/296LandRegistrationDistrict NorthAucklandDateIssued 21November1940



ProprietorsWhangareiBoroughCouncil


Legal Description Continued...Identifier 33848LandRegistrationDistrict NorthAucklandDateIssued 08May2002

PriorReferences NA1663/74,NA1663/75,NA737/293,NA707/334,NA523/296

Estate LeaseholdArea 14809m2moreorlessLegalDescription Lot2DP47073&Lot1DeedsPlan487&partLot2DP26522andpartLot1DP47073

ProprietorsWhangareiHolidayParkandCabinsLtd

InterestsTherearetwointerestsmentionedonthetitleandsummarizedbelow:

FencingAgreementinDeed309988(R.386/256)*Appliesto2Titles

5214954.1LeaseTerm33yearscommencing1.3.2002(RenewalClause)CT33848issued–8.5.2002at1:25pm

Total Land Area1.489Hectares

RatesGeneralResidential $2,235.27SewageDisposal $7,560.00RegionalInfrastructure $27.77RegionalLandManagement $246.40

Annual Charge Total $10,069.44


Identifier

Search Copy

Land Registration DistrictDate Issued 21 November 1940

North Auckland

COMPUTER FREEHOLD REGISTERUNDER LAND TRANSFER ACT 1952

NA737/293

Prior ReferencesNA707/333

Interests5214954.1 Lease Term 33 years commencing 1.3.2002 (Renewal Clause) CT 33848 issued - 8.5.2002 at 1:25 pm

ProprietorsThe Whangarei Borough Council

Estate Fee SimpleArea 1.0031 hectares more or lessLegal Description Part Lot 2 Deposited Plan 26522Purpose Public recreation ground or park

Transaction Id 40575367Client Reference jjina001

Search Copy Dated 3/07/14 2:40 pm, Page 1 of 1Register Only

Identifier

Search Copy

Land Registration DistrictDate Registered 08 May 2002 01:25 pm

North Auckland

COMPUTER INTEREST REGISTERUNDER LAND TRANSFER ACT 1952

Limited as to Parcels

33848

Prior ReferencesNA1663/74 NA1663/75 NA523/296NA707/334 NA737/293

InterestsLimited as to parcels only affects Lot 1 Deeds Plan 4875214954.2 Mortgage to (now) Westpac New Zealand Limited - 8.5.2002 at 1:25 pm6190126.1 Variation of Mortgage 5214954.2 - 21.10.2004 at 9:00 am

ProprietorsWhangarei Holiday Park & Cabins Limited

Estate Leasehold Instrument L 5214954.1Area 1.4809 hectares more or less Term 33 years commencing 1.3.2002 (Renewal

Clause)Legal Description Lot 2 Deposited Plan 47073 and Lot 1

Deeds Plan 487 and Part Lot 2 DepositedPlan 26522 and Part Lot 2 Deposited Plan26522 and Lot 1 Deposited Plan 47073

Transaction Id 40575367Client Reference jjina001

Search Copy Dated 3/07/14 2:41 pm, Page 1 of 1Register Only

24 MAIR STREET KENSINGTON WHANGAREI

Rating Valuations: $1,400,000

Land Value: $780,000

Improvements Value: $620,000

Valuation Date: 01-Sep-2012

Last Sale Price: $220,000

Last Sale Date: 11-Dec-2001

Last Sale Type: Whole. One property involved

Sale Tenure: Leasehold

Purchase Relationship: Non-market Level - Non Bonafide

Net Sale Price: $220,000

Chattels: n/a

Valuation Address: 24 MAIR STREET KENSINGTONWHANGAREI

Valuation Reference: 741/20100C

Legal Description: LOT 2 DP 26522 LOTS 1 2 DP47073 LOT 1 DEEDS 487 -MOTOR CAMP - 1.4807HA

Tenure: Not Applicable or Extension

Floor Area: 663 m2

Land Area: 0 m2

Bedrooms:

Building Age:

Category: Commercial, Accomodation, CBD,average (CA)

Wall Material: /

Roof Material: /

Contour:

Deck:

Parking Freestanding: 10 cars

Parking Main Roof: 0

Land Use: Public Communal - Unlicensed

Zoning: 9C

Owners: Whangarei City CouncilThe Whangarei Borough Council

The Whangarei City Council

Leaseholder: Whangarei Holiday Park & CabinsLimited

Certificate Of Title: NA1663/74 (Freehold), NA1663/75 (Freehold), NA523/

296 (Freehold), NA737/293 (Freehold), 33848 (Leasehold)

Report created on July 3rd, 2014

Disclaimer

Information provided by this service is sourced from third parties. Terralink cannot and does not provide any warranties orassurances of any kind in relation to any information provided through this service. In particular Terralink does not warrant that thematerial on the Site and the Service is free from errors, omissions, or other inaccuracies, or is fit for any particular purpose.Terralink will not be liable for any claims in relation to this service, the full terms and conditions for the use of which are available athttp://www.property-guru.co.nz/

http://www.property-guru.co.nz/

24 MAIR STREET KENSINGTON WHANGAREI

Rating Valuations: $1,400,000

Land Value: $780,000

Improvements Value: $620,000

Valuation Date: 01-Sep-2012

Last Sale Price: $220,000

Last Sale Date: 11-Dec-2001

Last Sale Type: Whole. One property involved

Sale Tenure: Leasehold

Purchase Relationship: Non-market Level - Non Bonafide

Net Sale Price: $220,000

Chattels: n/a

Valuation Address: 24 MAIR STREET KENSINGTONWHANGAREI

Valuation Reference: 741/20100C

Legal Description: LOT 2 DP 26522 LOTS 1 2 DP47073 LOT 1 DEEDS 487 -MOTOR CAMP - 1.4807HA

Tenure: Not Applicable or Extension

Floor Area: 663 m2

Land Area: 0 m2

Bedrooms:

Building Age:

Category: Commercial, Accomodation, CBD,average (CA)

Wall Material: /

Roof Material: /

Contour:

Deck:

Parking Freestanding: 10 cars

Parking Main Roof: 0

Land Use: Public Communal - Unlicensed

Zoning: 9C

Owners: Whangarei City CouncilThe Whangarei Borough Council

The Whangarei City Council

Leaseholder: Whangarei Holiday Park & CabinsLimited

Certificate Of Title: NA1663/74 (Freehold), NA1663/75 (Freehold), NA523/

commercial finance consultants

CHRISTCHURCH OFFICEUnit 7, 7 Burdale Street, Riccarton

Telephone 03 343 3121Alister Bull - 021 660 807Terry Ellis - 021 234 1718

AUCKLAND OFFICE2 Pompallier Terrace, Ponsonby

Telephone 09 360 5252Alan Robertson (Director) - 0274 923 539John Chapman - 021 708 818Terry Makey - 021 658 087

FSP:86041

If you’re looking to invest in commercial property, undertake a commercial or residential development project, refinance, purchase a business or source bridging finance, then you need to know what you’re doing. But understanding the intricacies of commercial funding is a time-consuming and complex task.

That’s where Strata Funding can help.

The team of commercial finance consultants at Strata Funding has extensive industry experience sourcing funding packages for commercial properties, developments, businesses, sub-divisions and more. This experience, coupled with the long-standing associations we have with banks, lending institutions and specialised lenders, means we know exactly how to representyour requirements to a lender.

Our consultants can provide valuable input on property and business finance, and can work with you to achieve your goals. We act on your behalf, and value confidentiality and professional service.

The process

· To gain a full understanding of your requirements, we first meet with you for a no-obligation discussion.

· Once we have established your needs, we indicate how we can assist, including reviewing the options available to you.

· Our fee is performance based within agreed parameters.

Success in business is about recognising your strengths and using the skills of other professionals to support you and your business.

If you are looking for assistance with sourcing commercial funding, then speak to one of the professionals at Strata Funding today. We’re here to help.

your commercial finance consultants

We source funding for:

· Investment and owner occupied industrial, commercial and retail property

· Commercial and residential development projects

· Commercial and residential subdivision projects

· Rural and horticultural

· Hotels, motels and budget accommodation – freeholds, leaseholds and going concerns

· Management Rights

· Business Finance – working capital loans, plant, stock and debtor financing (this includes facilities that do not require collateral property security)

· Debt restructuring

· Bridging finance

· Venture and equity finance

· Funding of business acquisitions

email [email protected]

Resort Brokers has a business relationship with Strata Funding Limited.

Strata Funding are property and business finance consultants who have

extensive experience in sourcing finance facilities for a diverse range of

properties and businesses.

We have provided details of this property/business to Strata Funding to allow

them to evaluate funding options for any potential purchaser.

Should you wish to review these options please do not hesitate to contact

Strata Funding Limited direct for a confidential discussion.

FSP86041 Auckland Office: Christchurch Office: 2 Pompallier Terrace, Ponsonby Unit 7 Phone: 09 360 5252 7 Burdale Street, Riccarton Alan Robertson – 0274 923 539 Phone: 03 343 3121 (Director) Alister Bull – 021 660 807 John Chapman – 021 708 818 Terry Ellis – 021 234 1718 Terry Makey – 021 658 087

DisclaimerThis document has been prepared solely for the purpose of providing information to persons interested in making an offer to purchase the property referred to in this document (Property). This document is not an offer to sell or part of a contract of sale. This document does not purport to be all-inclusive or to contain all of the information that may be relevant in evaluating a purchase of the Property. It is intended only as a guide and an aid to further investigation by potential purchasers. Potential purchasers accept this document on condition that they will make their own enquiries and investigations and obtain their own independent advice in order to verify all information on which they intend to rely, to their own satisfaction.

This document reflects the position as at July 2014 unless otherwise stated. None of Vendor, Resort Brokers, their related bodies corporate and their respective officers, employees, agents and advisers make any representation or warranty (express or implied) as to the content, accuracy, reasonableness, completeness or reliability of any information, statement, forecast, projection, opinion or matter contained in this document.

Any projections, forecasts, estimates or statements as to a future matter are based on the views of the Vendor. No representation (express or implied) is made that any projections, forecasts, estimates or statements referred to in this document will be achieved, or that any statements in relation to them will prove correct. They have been made based on assumptions (which may be incorrect). They are only provided to give assistance in determining the possible future performance of the Property, and an interestedparty should make its own judgment in that regard.

To the maximum extent permitted by law, Resort Brokers do not accept any responsibility for any inaccurate or misleading information in, or for any omission from, the material contained in this document, and Resort Brokers disclaims liability under any cause of action including negligence for any loss arising from reliance on this document.

Acceptance of this document constitutes the recipient’s acknowledgement of and agreement to this exclusion of liability and to the release of Resort Brokers from any such liability.

Acknowledgment

Recipients of this document acknowledge that they:• have read this disclaimer;• will not rely on the information in this document; and• will make their own independent investigations as to the accuracy or completeness of information in this document and their own appraisal of the Property.

Recipients should obtain their own independent legal, financial and other advice in relation to the information in this memorandum and evaluating the suitability of the Property. Any investment in the Property is subject to investment risks.

GST Disclaimer

Resort Brokers Limited Licensed Real Estate Agent (REAA 2008) advises that any financial information, statements relating to income outgoings and the like is provided without reference to the possible impact of GST, if any. Purchasers should make their own assessment of the impact of GST on the investments and the returns derived there from after obtaining expert professional advice .

Whangarei Top 10 Holiday Park

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