The Anchorage Marina is in an extremely popular boating location only about 90 nautical miles North of Sydney Harbour. The marina was redesigned and completely replaced during the period 2017 to 2019. The new marina has 83 wet berths and 5 swing moorings.
Since the rebuilding of The Anchorage Marina berths have been highly sought after. This demand has led to a quick escalation in the profit and produced a very reliable cash flow from a business which is easily managed.
INVESTMENT HIGHLIGHTS:
The newest Marina available to service the boating requirements of the high net wealth people who live in the Port Stephens / Newcastle areas and capture the "casual" berthing market for those travelling between NSW waterways and Queensland waterways
The Marina is situated within a rock wall harbour which has a wave attenuator at the entrance. This construction 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 2017 (more than $5 million). Upgrades to the Marina include, replacing all marina arms, a new fuel dock and the refurbishment of the boardwalk
Adjoins and shares some key facilities with the extremely popular Four Star Anchorage Hotel
Established and sustainable cash flow
Significant profit growth potential with a resurgence in demand for berthage
Owner manager opportunity
Portfolio opportunity (spreading management costs)
Exceptionally long ground lease with a residual lease term of approximately 46.5 years
Current Development Consent to construct a floating café adjoining B Arm of the Marina
All sort after and easily managed Marinas have a high proportion of the income being derived from the berthing. At The Anchorage Marina the major income stream comes from berthing which is obviously in high demand due to the current occupancy rate of approximately 87%.
At the time of the sale in 2022 the estimated Net Profit is $822,333p.a. There has been steady profit growth since the Marina was rebuilt between 2017 & 2019
