Marks Point Marina, Marks Point, NSW

For Sale | Expressions of Interest.
Hotel/Leisure

A well patronized and totally rebuilt marina situated on Lake Macquarie.

The closest Marina to the Swansea channel (access to the Tasman Sea) available to service the boating requirements of the high net wealth people who live in the Lake Macquarie / Newcastle areas.

The Marina is situated on the Eastern side of Lake Macquarie which provides patrons with many boating options. The construction method used for the Marina arms and location on Lake Macquarie provides a very stable berthing area which is easily accessed from the open sea.

New modern on water marina infrastructure and related management operating systems. There has been a significant amount of capital invested in the Marina since 2015 (more than $3.45 million). Upgrades to the Marina include, replacing all marina arms, a new fuel dock, a new floating office, new slipway and refurbishment of the first floor apartment.

Freehold & Leasehold Titles. A rare combination for a Marina. The 2,100 sqm of Freehold land provides numerous "value add" opportunities.

Established and sustainable cash flow.

Significant profit growth potential with a resurgence in demand for berthage.

Owner manager opportunity. There are three dwellings on the site, including a beautifully presented apartment where the owner could live.

Portfolio opportunity (spreading management costs).

All sought after Marinas have a high proportion of the income being derived from berthing & the operation of the slipway. At Marks Point Marina a significant income stream comes from berthing which is obviously in high demand due to the current occupancy rate of 100 %.

At the time of the sale in 2022 the estimated Net Profit is $$659,737 p.a. There has been steady profit growth since the Marina was rebuilt in 2015.

For Sale by Expressions of Interest. Closing at 4pm (AEST) on Thursday 24th November 2022.

Key Features
Property Type
Hotel/Leisure
Building Size
2,100 sqm
Land Size
2,100 sqm
Property ID:
2P3354
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