10M Catamaran Berth with 1/130th share of waterfront property


Price
AU $122,500 Firm
Finance
Currency
Length
32' 10" - 10.00m
Location
Mooloolaba QLD

Thanks for looking!
For sale is my 10m Cat berth suitable for boats up to 36ft. It's Berth C1 at the Kawana Waters Marina which has direct ocean access via the Mooloolaba Bar. The berth also shares 1/130th of the marina company which owns three prime deepwater blocks of land and the buildings. The income from this property is used to offset your holding costs. Conservative estimate of the real estate would be in the order of $8-$10m. - so you do the numbers!! I have sold my 38ft Cat and have upgraded to a 49.5ft Cat which will not fit here. Am happy to look at trading this on a much bigger Cat marina berth.
Current income seems to be around $4-5k per annum - certainly a lot better than bank interest and you hold a share in deepwater property, a rare commodity!

If you own a cat in that 10-11m range, this is ideal as you only have one lot of fees to pay... Other single width10m berths in the marina are priced at $90-115,000 making this prime berth excellent value.


Price
AU $122,500 Firm   
Length
32' 10" - 10.00m
Location
Mooloolaba Qld
Region
Queensland
Remarks
Full office, showers, toilets, power, water, fuel dock

CONTACT DETAILS
Name
Martin Kurvink
Telephone
City / Suburb
mooloolaba
State
QLD
Country
Australia


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