Shining Star Beachfront Chalets and Holiday Park. FHGC for sale. This opportunity really sparkles!

Property Name: Shining Star Beachfront Chalets
Address: 16 Richards Drive, Hokitika, Hokitika
Property Type: Resort
Sale Type: Freehold Going Concern
Price: $4,300,000
Region: West Coast

We are priviliged to offer this unique property for sale by way of offering it as a freehold going concern or by way of seperating the land and buildings as one option ($3.1 million plus GST if any) and then offering a new 35 year lease ($1.2 million plus GST if any). Having real horsepower in turnover and net profitablility makes any of these options very attractive. Vendor Finance & Trade Options Welcome

Shining Star is situated on the northern side of Hokitika as you enter the township and is very prominent to the eye when driving along the main highway. Having access to the beach is very important in Hokitika as the sunsets are avidly enjoyed and photographed daily, and nothing complements this more than having your own bonfire ablaze while soaking up the scenery.

The owners have painstakingly and lovingly worked on creating this extraordinary 4 acre property over a period of 10 years, which has been recognised in attaining a 4 star plus Qualmark rating.

The configuration of the complex is as follows, 23 motel and apartment style log cabin units, 17 powered sites, 7 unpowered sites which include 5 tent sites - so all budgets are covered. In additon to this, there is a main shower/toilet block centrally located, a sauna and a spa to unwind in.

The owners residence is usually the least attractive component when buying a hospitality business as they usually consist of 1 or 2 bedroom apartments. On this particular occasion, the owners residence is of a very high standard, with 280 m2 floor space plus garage, large private garden, 3-4 bedrooms, and 2 bathrooms. It is not common to find this type of residence, that is able to accommodate the amount of family living space.

For the smaller traveller, there are two pigs waiting in the small petting farmlet, called Barney and Betty, two alpacas, Zeus and Ali-Khan, a few chickens, some goats, sheep and ducks.

There is still further opportunity to develop this complex by way of adding more motel units or by further development of the holiday park - the choice is up to you. We welcome any genuine expressions of interest and further details can be released upon signing of a confidentiality agreement.

Downloads

Confidentiality Agreement New Shining.pdf (144.87 KB)

S_STAR Financials.pdf (7.15 KB)