Treasure Cay peninsula for sale, 59M

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January 27, 2016

Abaco Estate Services has posted a listing offering the Treasure Cay Resort Marina and Golf Course along with "development properties" for sale at $59 million.

The 40,000-square-foot (sq. ft.) 95-room Treasure Cay Hotel, the 6,985 yard, par-72 Dick Wilson-designed golf course, dozens of single and multi-family lots, four different hotel sites, Clipper Cay, and the 150-slip marina headline the sale offerings. The offering also includes the marina manager's office, marina shop, boat rentals/tours office; a 2,800-square-foot building for marina manager, marina, shop, boat rentals office, showers and bathroom; and a 640-square-foot space for ice and water plant/shop.

Also for sale are an unnamed restaurant/lounge, open air bar with marina pool and the Spinnaker Restaurant, which has a 6,720-square-foot air conditioned kitchen, bar and storage with backup generator, and seats up to 250, along with an additional 2,240-square-foot outdoor waterfront marina view. The TipsyBar is on the market too. The bar is approximately 3,000 square feet and has seating for 200, with a clover-shaped marina pool.

Along with this is the CoCo Beach Bar and Grill, an open air bar and grill with seating for 150; it is approximately 3,000-square-feet and has a backup generator. The listing includes rental shops and shopping center offerings, including 12 rental shops. Among these are a hardware store, souvenir shop, laundry, bike/scooter rental, bakery/ice cream shop, souvenir shop, small grocery store and a 13,000-square-foot shopping center which contains a Bahamas Electric Company office, Royal Bank, a police station, Batelco, liquor store, Golden Harvest Grocery Store, Post Office, Canvas Shop and Bahamas Water and Sewerage.

In addition, an 11 acre industrial site is on offer, as are the 134 acre Columbus Island,3.1 acre Sunrise Cay located on the eastern end off Treasure Cay Beach Point, 10 acres of vacant commercial property and a 24 unit staff housing apartment complex located at Treasure Cay entrance.

Guardian Business was unable to reach broker Ed Newell for comment up to press time.

Click here to read more at The Nassau Guardian

News date : 01/27/2016    Category : Business, Nassau Guardian Stories

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