overview

  • 1P2862
  • Leisure
  • Sold
  • 4690 sqm
  • 55.79 ha

Description

Landmark Golf Resort Facility in Iconic Tourist Region
McGees Property is delighted to present to the market the Freehold Going Concern of the well-known McCracken Country Club, a magnificent golf resort located on the edge of South Australia's most popular tourist area, Victor Harbor.

Located only 1 hour's drive south of Adelaide the McCracken Country Club offers the astute buyer the opportunity to benefit from its current operations together with further development opportunity (stcc) to compliment the fast growing residential and tourism region of the Victor Harbor Precinct.

The current owners have developed and operated the Resort since 1991 and have carried out all the resort and golf course infrastructure and capital works.

With recent retail developments adjoining the property including Coles supermarket and Bunnings Hardware, the resort has benefited from additional activity in the precinct.

Investment highlights include:

Resort facilities including:
o 66 rooms – made up of hotel , apartment and villa style accommodation
o 150 seat restaurant/function facility – popular for weddings
o Full Bar, bistro, gaming machines ( 20 ), outdoor dining facilities
o Separate Celebrations bottle shop
o Commercial Kitchen, reception,meeting rooms, day spa, health club, indoor swimming pool

Freestanding Victor Harbor Convention Centre:
o Capacity for over 300 pax seated
o Ability to convert up to 5 separate conference rooms
o Commercial kitchen, full bar facilities
o Outdoor seating overlooking golf course

Golf Course:
o Championship standard 18 hole course designed by renowned golf architect Tony Cashmore
o Pro shop facilities
o Excellent waste water and water agreements / licences in place
o All up to date plant and equipment to operate and maintain the golf course.

With an existing turnover of over $6 Million per annum, this is an incredible opportunity to grow this business by further developments.

There is an opportunity to split the existing freehold assets and acquire certain sections of the Resort.

We highly recommend this Resort to you and invite you to inspect the property to truly appreciate the quality of both the property and plant and equipment.

For sale by International Expressions of Interest closing 4.00pm (AEDT) Monday 27 July 2020.

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