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The 4.5 star Diamond Beach North Resort is part of a masterplanned tourism & residential precinct, 3 hours north of Sydney on absolute beachfront land.
Resort performance has seen solid growth & there are substantial opportunities to increase value with additional letting stock over time, occupancy/rate upside & cost management.
The Resort has 67 keys with 66 in the letting pool & vacant possession is available. The adjoining development land is DA approved for 264 holiday homes and tennis & equestrian centres. House & land packages are about to be released for 69 beachfront lots. This presents the Resort Operator with potential to significantly expand keys under management.
15-55 strata titled villas & apartments are for sale in conjunction with the Management Rights.
Management Rights include a waterfront bar & bistro, substantial conferencing facilities for up to 180 delegates, a spa lot and 4 bedroom manager’s residence.
The Resort offers a range of multi-bedroom configurations in villas, beach houses, apartments & cabins with conference friendly core stock. Resort facilities include two pools (one beachfront), a championship sized tennis court, gym, Endota day spa, kids club/playground and guests can easily access the neighbouring Tallwoods Golf Course.
Land parcels are also available including a Beachfront Lot in the Resort Precinct, DA approved for 8 beach houses or 24 apartments.
This offering presents a unique opportunity for an experienced operator to obtain long term control over a valuable beachfront asset at entry level pricing.
