This article is from the Australian Property Journal archive
A PRIVATE marina at Port Bouvard south of Perth has sold to the Parsons Group of Companies for around $5 million.
Port Bouvard Marina is situated some 80kms south of. CBRE senior director David Kennedy said the marina was a key component of the Port Bouvard residential and recreational resort development, which includes the ‘Cut’ international 18 hole golf course, voted best WA golf course in 2008.
The marina includes 173 existing pens, Bouvard Café, boat charters, tackle shop and houseboat hire, plus fuel sales, private and public parking – all on a long 33 year lease.
Port Bouvard’s managing director Ross Neumann was happy with the sale as his company was first and foremost focused on property development and the marina formed a natural property realisation. Neumann said he was also delighted that the property had sold to the Parsons Group of Companies due to their experience in the boating business in Fremantle.
The marina has a direct link to the Indian Ocean through the Dawesville Cut as well as to Peel Inlet which adjoins the Mandurah Estuary.
Kennedy said Port Bouvard was well established but there were still areas of residential growth which would underwrite the demand for this modern marina facility.
Australian Property Journal