The Bower is a luxury couples’ destination ideally located between Batemans Bay and Moruya and just 1km from the renowned surfing beaches of Broulee. Currently consisting of 5 architecturally designed “Bowers”, each Bower is fully self contained, beautifully appointed and privately nestled into the tranquil native surrounds.
The Opportunity -
Two premium Bowers being offered for sale at $415,000 each;
* Black Bower on 6,878m2 of land
* Red Bower on 1.17ha of land
* A leaseback to the operating company with an annual rental return of $22,000 plus CPI. ($2000 to be placed in a designated account for future refurbishment). Paid quarterly in advance.
* The operating company will be responsible for electricity and water charges plus administrative and capital works levies under the community scheme.
* Owners responsible for building insurance and council rates.
* Owners book and stay at advertised tariff at that time less 30% owners discount. This can either be paid on booking or debited from the quarterly rental payments.
Those wishing to purchase a Bower, would be seeking the following:
* An exclusive retreat that is fully maintained, providing an attractive return on investment
* A love of privacy, bushland and the preservation and enhancement of our native flora and fauna.
* An ideal investment option for self managed super fund holders offering steady return and future capital gain potential.
If the following is what you require in a coastal retreat or investment property, The Bower will NOT meet your needs:
* A holiday home where you can bring large groups of friends (occupancy will continue to be restricted to 2 adults per bedroom)
* A “party” house
* A place to leave your boat, surfboards, gear etc. (Your property will be a part of The Bower Eco – resort and subject to the conditions of the community management statement)