Palm Grove Holiday Resort on Cable Beach

SOLD

1 Murray Road

Broome WA 6725

Land

FOR SALE

Ray White Commercial (WA) is pleased to offer for Sale by Expressions of Interest, 1 Murray Road, Broome.

Palm Grove Holiday Resort currently operates 25 Park Homes, 4 Studio Units, 156 Caravan Sites, Swimming pool, Cafe mini-mart, Office/reception, Mini-golf, BBQ area and managers residence. The property in it's current configuration offers accommodation for approximately 230 persons.

The grounds are well established with tropical landscaped gardens and bitumen paved internal roads. On the site there is also a General Store / Cafe (separate building area) and located alongside the store/cafe is a fully functional mini golf area. (The general store/cafe is subject to a lease expiring on 30 November 2018).

Despite being a successful and well established resort and caravan park with over 4Ha* of prime land, the opportunity to further increase the performance of the business in the short term and to add value with its re-development potential as a significant option in the medium/long term, provides options that can only further enhance the investment.

Expressions of Interest closing 5pm (AWST) Friday, 14 September 2018.

For further information, please contact:

Brett Wilkins
M: 0478 611 168
E: brett.wilkins@raywhite.com

*approximate