Sabaya Resort For Sale in Australia

€178.605 (approx £124.030)

The Deal

Project
Name: Sabaya Resort
Total investments in development: 127
Architect: Gary Hunt- architect on both original building and current refurbishments
Builder: TBA
Stages in development: One

Location
Address: Port Douglas Road, Port Douglas, North Queensland
Map Reference:
Cairns Airport - Port Douglas 1 hr 20 mins approx
Cairns City Centre - Port Douglas 1 hr 24 mins approx
Port Douglas - Palm Cove 60 mins approx
Port Douglas - Mossman 20 mins approx

Investment Structure
Structure: Strata titled luxury resort-style apartments

Key Dates
Estimated Completion Date: Thursday, 10 May 2007
Sunset Clause: 30 November 2007

Inclusions
* Full furniture pack for all apartments
* Stone benchtop (or similar) to kitchen
* Laminate benchtop to bathrooms
* 2-burner electric cook top
* Stainless steel convection microwave
* Split system air conditioning to living and bedrooms
* Ceiling fans to living and bedrooms
* Washer / dryer combo (where applicable)
* TV outlets to living and bedrooms
* Telephone points to bedrooms
* Provision for Pay TV
COMMON FACILITIES
* Restaurant and bar
* Reception and tour desk
* Conference centre
* Day spa
* Pool bar
* Kids Club
* Common laundry facilities
* Car parking near apartments



Estimated Outgoings
Council Rates: Approx. 0 (for years 1-5)
Water Rates: Approx. 0 (for years 1-5)
Body Corporate: Approx. 0 (for years 1-5)

Investor Privileges

The Vendor will provide the following special privileges exclusively to Home Port Property investors:

1. Rental guarantee at 6% NET (net of all outgoings other than land tax). Please contact us for more details, as there is a special incentive for our clients.

2. 21 days per annum, use of property (or similar)
     (a) 60 days notification required
     (b) a blackout period of 30 days applies when this free facility is not           availablen (Victorian gazetted school holidays for June / July and September / October)
     (c) housekeeping charges are applicable

3. 90-day break-out clause where the Owner can terminate the management agreement and lease the property through a local agent (Cannot live in it)


Reserving the investment

We require a refundable $2,000 holding deposit. Once we receive your reservation details we will email you trust account details so that you can transfer these funds within 3 days of reserving your property.

Appointing a local lawyer/solicitor to represent you

We have local professional and independent (of us, the vendor and the vendors solicitors) legal advisors who we can recommend if required. They are set up to cater for the needs of both our local and international investors.


Timeframe (21/14)

The following timeframe is critical.

Dia Soleado Invest clients have two options:

Return the signed contract and deposit within 21 days (from the issue of the contract from the vendor's solicitor.)

Please note that contracts are often ready to go and will be issued from the vendors solicitor within 2 to 3 working days from the date of your reservation. At other times contracts may not be issued for 2 to 3 weeks after property reservation.


OR

21 days to return the signed contracts (this is an absolute deadline) and add a "14 day subject to deposit clause" to the contract. This gives you 14 additional days after the return of the contract to provide the deposit to the vendor. The contract is not binding if you can't organise the deposit within 14 days and you notify the vendor within this timeframe.

To be fair to other interested parties the investment will be placed back on the market if the timeframes are not met.



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