Tourism investment farms genuine growth potential

Adventure farm ventures onto market for first time in more than quarter of a century

A large tourism and farm investment property in Nelson is on the market for the first time in 30 years through Colliers International.

Happy Valley Adventures and Happy Valley Farm is a well-known adventure tourism business at 194 Cable Bay Road, Nelson located on approximately 607ha of freehold land and is for sale by tender on 8 March 2016.

The sought after single-title site incorporates a wide range of features including flat land, rolling hills, mixed grazing, plantation pine trees and native forest, and the business itself includes international patents SkywireTM and SkywireTM Ride

Debbie Cade, business broker at Colliers International’s Nelson office, says the sale presents an excellent opportunity to acquire a strong-performing tourist/farm investment, at a time when Nelson visitor numbers are growing at a record pace. 

“This large, exceptional property presents compelling investment fundamentals.

“Visitor numbers to New Zealand increased to 3.09 million to November 2015, a record-breaking 9% increase since November 2014.  Nelson has bounced back to pre-global financial crisis levels, and with government and private investment in tourism growth ramping up nationally, the timing is excellent for buyers to secure a holding like this,” says Cade. 

The property includes a range of adventure activities including guided quad-bike tours, horse trekking, paintball theme park, a 3.2 km SkywireTM ride over a valley of native podocarp-hardwood forest including kahikatea and large matai trees, one of which is considered the largest surviving matai tree in New Zealand. 

Ancient totara and other low-land ornamental trees provide park-like surroundings and natural shade for livestock on the northern flat land area of the property, says Cade.  

The property also has riparian rights over the Wakapuaka River where it flows over the farm, providing natural habitat for trout and eels. 

Cade says opportunities abound for the next owner – including multiple income streams.

“The SkywireTM facility includes international patents with between nine and 11 years to run.  There is plenty of scope to extend and build the visitor experience.  

“The existing pine plantation of approximately 74ha will be available as a future income stream.”

There are two café/function centres with current liquor licences, the Base Café at the staging area for visitors and the Treetops function centre adjacent to the SkywireTM facility.  

“The Base café provides light food and snacks as well as stunning rural views from the indoor/outdoor seating area, while the Treetops function centre offer wide coastal and sea views over farms and valleys to Cable Bay, Pepin Island and Delaware Bay to the north and Tasman Bay to the south.”  

Happy Valley Adventures holds a TripAdvisor Certificate of Excellence and has met stringent quality standards to earn a certificate of Endorsed Visitor Activity from the thousands of visitors that enjoy the complex each year, says Cade. 

The property is 15 minutes from Nelson City centre just off State Highway 6, which is the only road to and from Blenheim and the Picton ferries.  

Cade says Cable Bay hosts an extensive range of recreation and adventure options, camping, holiday homes, fishing and boating, all attracting a wide cross section of international and local tourists.   

For further information please contact:

Debbie Cade, Business Broker, Commercial Sales & Leasing

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