Palm Grove Holiday Resort is being offered for sale via an Expressions of Interest campaign closing Friday, 14 September 2018, through Ray White Commercial (WA) agent Brett Wilkins.
Despite being a well-established resort and caravan park in Cable Beach, Broome, a major selling point is the holding income that allows you to consider the potential to re-develop in future.
Its location and the sprawling 4ha* of prime land will also be a key element of the marketing campaign.
“Broome is a firmly established tourist destination and is a major service centre for the broader Kimberly region,” Mr Wilkins said.
“It is a short stroll to Cable Beach, with white sand that stretches for some 22kms along the Indian Ocean coastline.”
The resort currently operates 25 park homes, 4 studio units, 146 caravan sites, swimming pool, cafe mini-mart, office/reception, mini-gold, BBQ area and manager’s residence. It currently offers accommodation for approximately 230 people.
“The land has also had a DA approved for subdividing the land into four separate lots, which is another big drawcard for a developer,” Mr Wilkins said.
The resort is being sold as a 100% freehold interest.
Please contact Brett Wilkins for a copy of the Information Memorandum and more details regarding the property.
For the online listing link, click here.
Brett Wilkins
Ray White Commercial (WA)
0478 611 168
brett.wilkins@raywhite.com
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