moon .525 $25 2 ?:80 ?5 ho :3an ho 95. 9: mm s==z<==sms 5:52:22 RARELY DO SUCH OPPORTUNITIES PRESENT THEMSELVES Bayleys Real Estate Limited is pleased to offer 10 Bridge Street, Tirau, for sale by way of Deadline Private Treaty closing on Thursday 4.00pm 6th April 2017 (unless sold prior). Kelvin and Pamela lovingly designed and ran a successful business from this iconic building for the last 17 years and The Castle is now recognised nationally and internationally by local travellers and international tourists. The Castle was constructed in 2000 and comprises the renowned doll and toy museum, a café/dining hall and events space. The Castle also provides the opportunity to develop additional floor space for complementary business ventures. You’ll have the option to purchase the property with or without the current stock contained within the museum. The land comprises two existing titles providing the opportunity to expand residential dwellings on site or on-sell the separate vacant residential lot. Buyer interest will be high and your early registration of interest is recommended. This is a once in a lifetime opportunity to add your personal touch to this iconic legacy. Please do not hesitate to contact me regarding any aspect of the property, or to arrange a viewing of the property. Blair Hutcheson B 07 834 6747 M 0274 804 010 E Blair.hutcheson@bayleys.co.nz Success Realty Limited – Bayley Waikato, Licensed under the REAA 2008 2 bayleys.co.nz/812506 CONTENTS Executive Summary 4 Property Highlights 5 The Property 6 The Location 7 The Museum 8 The Sale Process & Disclaimer 9 Appendices - Certificate of Title 10-14 - Building and Site Plans 15-17 Additional Information (available upon request) - LIM report - Sale and Purchase Documents - Resource Consents 3 bayleys.co.nz/812605 EXECUTIVE SUMMARY 10 BRIDGE STREET, TIRAU LEGAL DESCRIPTION Lot 4-11 & Lot 99 DP5043 and Lot 2-3 DP136 CERTIFICATE OF TITLE SA295/5 and SA1707/27 RATINGS VALUATION $1,016,000 FLOOR AREA 4 Castle Ground floor Mezzanine 727m² 104m² House Garage 124m² 117m² LAND AREA 2.88ha ZONING Residential – South Waikato District Plan TENANCY DETAILS Vacant Possession DESCRIPTION Freehold residential zoned land in two tiles comprising a three-bedroom dwelling with adjoining large double garage/workshop and purpose build tilt slab commercial building with some areas subject to completion. A resource consent has been recently obtained to hold functions and events at the property.Note: Given that part of The Castle building is yet to be developed a code of compliance certificate has not been issued and the property is to be sold as is. bayleys.co.nz/812605 PROPERTY HIGHLIGHTS 1 2 3 4 bayleys.co.nz/812605 Iconic building with scope for hospitality development Located within the golden tourist triangle Additional residential dwelling with a large double garage/workshop Two titles allow for additional residential development 5 THE PROPERTY The Castle comprises a landscaped garden including a moat with gold fish, extensive parking and paved outdoor dining area with men's and ladies toilets off the main entrance area. A dining hall and café leads off the main entrance with the toy museum housed in an adjoining room to the lefthand side. The building includes a separate room named the ‘Stag Hall’ and off this room is an area that was originally designed to be a commercial kitchen (not completed). A separate breakout room is also housed on the ground floor currently used for storage. A mezzanine area (yet to be completed) was designed to include toilet and bathroom facilities with three separate rooms and balcony to the fully enclosed courtyard. One of The Castle’s turrets has a stairway to a viewing platform although not currently available for public access. The building materials used include reinforced precast concrete panels, ‘freezer’ type panels offering excellent insulation and steel RSJ beams and concrete flooring. As part of the building remains unfinished a code of compliance had not been issued. External lights will also be required as part of the resource consent. A resource consent has been recently obtained to hold functions and events at the property. The residential dwelling comprises a three bedroom house with walk in wardrobe in the master bedroom, a bathroom and separate laundry on a fully fenced garden with large double garage/workshop. Both buildings are on town water supply with septic tank sewage. 6 THE LOCATION Tirau is a small attractive tourist hub in a rural setting, with the Kaimai ranges as a backdrop. It has a population of approximately 800 people. It is situated within the South Waikato District, as are the towns of Putaruru and Tokoroa. Other towns in close proximity are Matamata (commonly known as Hobbit town) and Cambridge. The recent bypass of Cambridge via the Waikato Expressway has resulted in Tirau being the first township stop for South bound travellers. Since this development, the town has seen substantial investment, including the opening of a large BP service station. The Mighty Bakery Ltd, a division of Yarrows invested in a purpose-built a boutique facility in Tirau and supplies both the local market, as well as exporting to the majority of supermarket chains through Australasia. Fonterra also operates a Casein and lactalbumin Dairy Factory in the town. In addition, the town has a War Memorial Hall, a six classroom Primary School, Swimming Pool, Tennis Courts, 18-hole Golf Course, and many businesses that service the surrounding local community. Just a short drive away from the centre of Tirau is the popular Okoroire Hot Springs Hotel and Golf Course, and an Early New Zealand Museum located 3km on the main Rotorua Rd. A popular river walk is Te Waihou Walkway to the acclaimed crystal clear Blue Spring, and the beautiful Waikato River Trails project begins slightly North of Tirau with the Karapiro track. Less than an hour’s drive from Tirau are the cities of Hamilton, Rotorua, Tauranga, and the popular beach resort of Mt Maunganui. With visitor numbers to New Zealand at the highest historic level and substantial growth forecasted, the Tourism industry is set to fly in New Zealand. The Castle takes advantage of this captive audience now and will continue to do so well in to the future. China is New Zealand's second largest visitor market. Its growing middle-class has seen sustained growth in Chinese visitor arrivals to New Zealand over the last five years. For more information on Tirau you can visit the Information Centre website: http://www.tirauinfo.co.nz/html/tirau_information.html Vehicle access to the subject property is via Hillcrest Street off State Highway One (by the Oxford Royal Hotel) and then follow the signposts to The Castle.. 7 THE DOLL AND TOY MUSEUM Kelvin and Pamela started their collection back in 1986 and it has grown to become not only New Zealand’s largest and best collection of dolls and toys, but the largest in Australasia. The sheer size of the collection means it is housed in the large room adjacent to the café. The collection includes a many rare and one-of-a-kind dolls as well as those created as early as 1880. The display also includes a wide range of other children’s toys over the ages from Matchbox cars to trains. Part of the museum includes a 50-metre-long model railway track, 1930’s Fun Ho New Zealand made toys, 1930’s Chinese children's dolls, limited edition All Blacks dolls and even a Wombles display. In addition there is an extensive display of Royal Albert China. The Castle and museum are currently open for viewing during school holidays and for private bookings for groups. 8 THE SALE PROCESS 10 Bridge Street, Tirau is being offered for sale by way of Deadline Private Treaty closing on 4.00pm Thursday 6th of April 2017 (unless sold prior). If you have any questions regarding the content included in this document or to arrange a viewing of the property, please do not hesitate to contact me: Blair Hutcheson M 0274 804 010 B 07 834 6747 E blair.hutcheson@bayleys.co.nz Success Realty Limited, Bayleys Waikato, Licensed under the REAA 2008 bayleys.co.nz/ DISCLAIMER The contents of this document do not form part of any contract. This document has been compiled using information provided by third parties, and Bayleys accepts no responsibility for its accuracy or completeness. In all cases, interested parties should conduct their own verification of the information in this document, as well as their own investigation and analysis of the property described in it. All parties are urged to take legal advice before entering into any contract or agreement regarding the property described herein. bayleys.co.nz/812605 9 APPENDICES I BAYLEYS bayleys.co.nz/812605 CERTIFICATE OF TITLE COMPUTER FREEHOLD REGISTER UNDER LAND TRANSFER ACT 1952 Search Copy Registrar-Ggiicrnl 0f .and Identi?er 5 Land Registration District South Auckland Date Issued 16 September 1919 Prior References Estate Fee Simple Area 2.4787 hectares more or less Legal Description Lot 4-11 and Lot 99 Deposited Plan 5043 Proprietors Kelvin Roland Baker and Pamela Ann Baker Interests 85820632 Mortgage to Bank of New Zealand 7.12.1999 at 9.00 am Transaction Id 49559029 Search Copy Dated Page 1 of 1 Client Reference bresnad0001 Register Only CERTIFICATE OF TITLE image Quality due - 40 Condition. of Original CERTIFICATE OF TITLE COMPUTER FREEHOLD REGISTER UNDER LAND TRANSFER ACT 1952 Search Copy R.W. Registrar-(igIIch of Land Identi?er 707/27 Land Registration District South Auckland Date Issued 13 November 1959 Prior References 108 Estate Fee Simple Area 4047 square metres more or less Legal Description Lot 2-3 Deposited Plan 136 Proprietors Kelvin Roland Baker and Pamela Ann Baker Interests Fencing Agreement in Transfer $170730 - 13.11.1959 8610853.] Mortgage to Bank of New Zealand - 9.6.2000 at 9.00 am Transaction 49632483 Search opy Dated 21/02/17 2:08 pm. Page 1 of 1 Client Referenre aruebillasUUl Register Only 2016.; O. BAYLEYS TIN CONTAINER I TOY MUSEUM STAG HALL GREAT HALL I COURTYARD MEZZANINE FLOOR COURTYARD 1 ABOVE TOWERS MAIN ENTRANCE MAIN FLOOR PLAN INCLUDING COURTYARD FLOOR PLANS GROUND FLOOR BAYLEYS STAG HALL ROOF ABOVE DOLL MUSEUM GREAT HALL /4 BALCONY BALCONY lS GOHHVW Oi AVMBAIBO 7 GHVALHHOO BONBOISBH SITE PLAN BAYLEYS