Extremely Prestigious Investment Opportunity

On offer is the opportunity to invest in a marina berth licence at Bayswater Marina, with a guaranteed 24 month minimum net income of 7% per annum. The final release of 27 Marina berths by the Bayswater Marina developer provides the opportunity to acquire one of these berths with a guaranteed net income.

Located just across the Harbour from Auckland city the marina lies at the end of peninsula in clear view of Auckland city with traveling times to the city ranging from 15 minutes by road to 10 minutes by regular harbour ferry. Most of the Marina slips are privately owned and are available for rent through the marina office. All berths are equipped with water and 240 volt power , with earth leakage protection. Live aboards are welcome year round (subject to prior approval). A Marina lounge is provided free of charge to all users. The lounge offers: free internet access, television, and video, daily newspaper, coffee machine, magazines, laptop network and internet connections and a place to relax onshore. Bayswater Marina is currently offering FREE wireless broadband internet access in and around the Marina.

Future Development at Bayswater Marina is planned. The district plan does not currently allow for further comprehensive development at Bayswater Marina, however Bayswater intends in the medium term to apply for a private plan change for such a development.

Bayswater Marina Management Ltd is currently contracted to manage the Marina using a dedicated team of professionals. The Marina is managed in accordance with the Berth License.

Berth rental rates have continued to increase at Bayswater and at adjacent marinas in the Auckland area. It is expected that rentals will continue to increase in the years ahead.

The rental of the berth will be managed by Bayswater Marina Services a division of Bayswater Marine Ltd. A berth rental management agreement will be required to be completed.

This berth features: Length: 12.0m Width: 4.6m Draft: 2.0m Price: $44,912 Net Guaranteed Return 7%(p/a incl. GST) $3,615) Current Rental Rates (p/a incl. GST) $6844 Operating Expense (p/a incl. GST) $3,228 Berth Holders proportion of operating expenses .192%

Just contact the Listing Agent NOW to secure this golden opportunity for you before it is too late!

Please click below to see other berths available www.barfoot.co.nz/445529 www.barfoot.co.nz/445614 www.barfoot.co.nz/445616 www.barfoot.co.nz/445619 www.barfoot.co.nz/445622 www.barfoot.co.nz/445623 www.barfoot.co.nz/445624 www.barfoot.co.nz/445628 www.barfoot.co.nz/445630 www.barfoot.co.nz/445631 www.barfoot.co.nz/445633 www.barfoot.co.nz/445635 www.barfoot.co.nz/445636 www.barfoot.co.nz/445639 www.barfoot.co.nz/445641 www.barfoot.co.nz/445644 www.barfoot.co.nz/445645 www.barfoot.co.nz/445648 www.barfoot.co.nz/445652 www.barfoot.co.nz/445655 www.barfoot.co.nz/445657 www.barfoot.co.nz/445659 www.barfoot.co.nz/445661 www.barfoot.co.nz/445662 www.barfoot.co.nz/445663 www.barfoot.co.nz/445664