Thundercross Valley Dirt Bike Park, a professionally-run adventure tourism business on a 300ha rural estate in North Waikato, is for sale for the first time in over 20 years as the current owners look to retire.
Jeremy Keating and Wyatt Johnston, directors of Arotahi Agribusiness, are marketing the tourism business and farm property as a freehold going concern for sale by deadline private treaty closing on Friday December 8.
Located at 3068 State Highway 22, Glen Murray, the asset is underpinned by a versatile and attractive 300ha drystock farm operating alongside the successful dirt bike park business, says Keating.
“Thundercross is a popular and well-established attraction which draws more than 3,000 paying riders each year.
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"The park features 38km of formed tracks catering to riders of all ages and abilities, with training also provided.
"With a strong customer base including many frequent riders, this business is well placed for a new owner to pick up and continue its success.”
A well-situated four-bedroom home on the property, with double garaging, established gardens and views to the north over much of the farm, offers comfortable rural living capturing a sunny outlook and magnificent sunsets. The home is set against an attractive stand of mature bush with a waterfall and stream.
The property also provides 237ha of farmland, interspersed with native bush, that has been leased for cattle grazing and maize cropping.
Additional amenities include a four-bay implement shed, yards and a consented quarry, providing multiple potential income streams.
There is also the possibility of developing additional tourism-related attractions complementary to the dirt bike park business, Johnston says.
“The property has significant untapped potential for further growth and diversification alongside the bike park, farm and quarry.
"Additional developments could include accommodation and activities like paintball, abseiling, rock climbing and zip-lining to tap into other visitor groups such as adventure tours and team building events.”
Another highlight is the rustic Wool Shed Cafe, which currently serves as a sign-in centre for dirt bike park visitors.
Subject to consenting, this could be operated as a stand-alone business to attract motorists passing along the highway, he says.
“The range of opportunities that exist here for owner operators to increase revenue and maximise the potential of this Highway 22 location are quite impressive.”
The property is located adjacent to the Golden Triangle between Auckland, Tauranga, and Hamilton, making it ideally placed to capture a significant visitor market. Nearly 50 per cent of New Zealand’s population is based within a two-hour drive of Thundercross.
It is also located in a region that is well-recognised among international motorsport enthusiasts, with proximity to both Hampton Downs Motorsport Park and Meremere Dragway. This assists Thundercross in receiving visitors from around New Zealand and overseas, in addition to its strong local customer base, Keating adds.
Article supplied by Arotahi
