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Grand Canal – Lot 989 Springfield Drive, Hope Island, QLD, 4212
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Receivers’ Sale | Private Waterway
  • Annuity-style income stream
  • Revenue from sale of mooring licences
  • Access to the Broadwater boating mecca

Grand Canal – Lot 989 Springfield Drive, Hope Island Qld 4212 [L989 on SP197707]

Colliers International, on behalf of Tracy Knight and Damien Lau as Receivers and Managers, are pleased to offer for sale the Grand Canal Waterway located in the boating and lifestyle mecca of Hope Island.

This truly unique asset is a privately held waterway and has the potential to offer an annuity-style income to the new owners. With revenue generated from the sale of mooring licences to waterfront landholders on a 20 year initial term plus an ongoing annual licence fee, there is an opportunity to continue the sale of mooring licences and develop an annual fee stream.

  • Annuity-style income stream
  • Revenue from sale of mooring licences and annual fees
  • Access to the Broadwater boating mecca
  • 10* mooring licences issued, 125* waterfront lots
  • 10.39ha* (103,900sqm*)
  • Unique investment opportunity

For Sale via Expressions of Interest Closing 24 March 2021 at 4.00pm (AEST).

For further information please contact the exclusive marketing agents Samuel Biggins and Steven King.

View video: https://youtu.be/859H9Oq8ehI

*approximately

^Outlines indicative only

Remember to mention you found this property on DevelopmentReady

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