Abaco Estate Services has posted the listing offering the Treasure Cay Resort, Marina, and Golf Course along with development properties for sale at $59 million. Ed Newell, Bahamian broker of Abaco Estates Services, articulated that, “The purchaser must be an investor or investment group that has a plan that will utilize the development areas to their maximum potential.”
The 95-room Treasure Cay Hotel, the 6,985 yard, par-72 Dick Wilson-designed golf course, dozens of single and multi-family lots, multiple beachfront hotel sites, Clipper Cay, and the 150-slip marina headline the sale offerings. The offering also includes the marina manager’s office, marina shop/ boat rentals/tours office, marina showers and bathroom, and a 640-square-foot space for ice and water plant/shop.
Also for sale is the Tipsy Bar, which is approximately 3,000 square feet and has seating for 200, with a clover-shaped marina pool. The offering also includes the Spinnaker Restaurant, which has a 6,720-square-foot air conditioned kitchen, bar, and storage with backup generator, and seats up to 250, along with an additional 2,240-square-foot outdoor waterfront marina view deck. Along with this is the Coco Beach Bar and Grill, an open air bar and grill with seating for 150; it is approximately 3,000-square-feet and has a backup generator. The listing also includes various rental shops and shopping center offerings.
In addition, an 11 acre industrial site is included in the offer, as are the 134 acre Columbus Island, 3.1 acre Sunrise Cay located on the eastern end off Treasure Cay Beach Point, ten acres of vacant commercial property and a 24 unit staff housing apartment complex located at the Treasure Cay entrance.
Mr. Newell said, “When this one of a kind, diversified resort property sells and its potential is fully developed, the economic impact for the community and island will be significant. This will definitely put Abaco on the map as the number one Bahamian out-island getaway destination in the world thus sparking a newfound interest in Treasure Cay.”