The 4.5 star resort located on Phillip Island, Victoria is on the market by Scott Callow and Wayne Bunz.
CBRE Hotels is proud to present the 4.5 star award-winning Silverwater Resort, Phillip Island. The coastal resort is 90 minutes from Melbourne CBD, at the gateway to Phillip Island.
The offering includes 88 freehold 1, 2 and 3 bedroom apartments 'in one line', central facilities and Resort Management Rights for up to 152 apartments in the complex.
Positioned on an 8.5 hectare site with a planning permit for 32 additional apartments, the highly successful business operation has proven historical financial performance.
The resort is offered with vacant possession making way for a branding opportunity.
Resort facilities include an indoor and outdoor swimming pool, sporting courts, restaurant and six conferencing venues (with the ability to accommodate up to 500 delegates).
The Resort is in close proximity to key demand generators including the Phillip Island Grand Prix circuit and the Penguin Parade.