Coastal land values threaten Kiwi holiday dream

The days of the Kiwi beach camping holiday could be numbered, with Northland being the latest region to face the loss of a number of beachfront campgrounds due to skyrocketing land values.

Wednesday, April 14th 2004, 9:48AM

by The Landlord

Blue Heron Holiday Park at Tamaterau, 14km south-east of Whangarei, is the most recent listing on the market, with its owner Maureen Ross saying it was likely to be bought for development.

The land on which Ngunguru Holiday Park operates is also for sale – its lease expires in 2009 – and several campgrounds in the Far North, including Taipa Holiday Park, are also for sale.

The 8170sq m archetypal Blue Heron site, nestled on the edge of Whangarei Harbour beside a prime fishing spot, is being marketed as an "irreplaceable waterfront location".


Mrs Ross would not discuss the price, saying that would be set by the amount a buyer was prepared to pay.

Read More - Opens in a new window
« Property investors refocus on cash flowFree Investment Property Showcase Events: Auckland, Wellington and Christchurch »

Special Offers

Commenting is closed

www.GoodReturns.co.nz

© Copyright 1997-2024 Tarawera Publishing Ltd. All Rights Reserved