THE PROPERTY DEVELOPMENT REVIEW
FOR SALE
SPINNAKER sound marina
Sandstone Point
JLL is pleased to present Spinnaker Sound Marina for sale by Expression of Interest. Located at Sandstone Point, about one hour by car north of Brisbane, the marina is gateway to the boating playgrounds of Moreton Bay, Bribie Island and the Pumicestone Passage.
UNIQUE OPPORTUNITY Spinnaker Sound Marina presents a rare opportunity to acquire a significant waterfront landholding and established marine business within close proximity to Brisbane and the Sunshine Coast.
EXPERIENCED MANAGEMENT Spinnaker Sound Marina
DEVELOPMENT POTENTIAL Spinnaker Sound Marina offers 2,349sqm of development land zoned General Residential with a range of permissible uses STCA. Further opportunity exists to redevelop the dry- storage facility.
INCOME SECURITY Spinnaker Sound Marina benefits from over 250 customers, low customer turnover, diverse income streams and occupancy above 95%. The marina generates stable EBITDA of about $1,000,000- per year and with a current waitlist of over 100 boats, provides opportunity for immediate berthing income growth.
presents as a fully managed opportunity with average staff service of over 7 years. New owners are able to take an active management role or enjoy a passive investment.
SPINNAKER SOUND MARINA IS FOR SALE VIA EXPRESSIONS OF INTEREST CLOSING THURSDAY 7TH MARCH AT 4PM (AEST).
LIAM COX +61 447 555 122 Liam.Cox@jll.com
CHRISTIAN TSALIKIS +61 421 562 262 Christian.Tsalikis@jll.com
JACOB SWAN +61 402 704 896 Jacob.Swan@jll.com
For more information, please contact:
February /March 2024 – 69
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