The Maths
Sale Price $please call - "as is"
Build out estimate $90.000.000
Income from hotel unit sales $165.000.000
Sales to date.$32.000.000
Collected income from sale, $16.000.000 invested into project.
Estimated Value of Hotel to new owner after creditors $50.000.000 and when completed.
The Opportunity Interested and qualified parties are invited to contact Rowland Hull, to connect with the owners for more details and further discussion.
Click on any picture to enlarge
The Context
The global economic climate hit the Royal Reef Resort project, leaving this development unfinished. The owners have now the opportunity to sell the project "as is" and are determined to ensure that the project continues. One building (not shown) is finished at rear of site (staff quarters). There is excellent commercial potential for retail as there is substantial road frontage.
The project is now released onto the open market for sale.
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