Cooper Jack Marina TURKS & CAICOS ISLANDS PREMIERE AUCTION MAY 21 AT 5PM ET ULTRA LUXURY THE CARIBBEAN BASIN MULTI-COUNTRY/MULTI-PROPERTY AUCTION

Transcription

1 THE CARIBBEAN BASIN ULTRA LUXURY MULTI-COUNTRY/MULTI-PROPERTY AUCTION PRESENTED BY PREMIERE ESTATES AUCTION COMPANY Cooper Jack Marina TURKS & CAICOS ISLANDS PREMIERE AUCTION MAY 21 AT 5PM ET

2 THE OPPORTUNITY COOPER JACK MARINA IS A 50 ACRE MIXED USE DEVELOPMENT SITE ON THE SOUTH SIDE OF PROVIDENCIALES, THE MOST POPULATED OF THE TURKS AND CAICOS ISLANDS (TCI). COOPER JACK S 50 ACRES INCLUDE A 10 ACRE MARINA BASIN LEASED FROM THE TCI GOVERNMENT FOR 99 YEARS AS WELL AS 40 ACRES OF SURROUNDING LAND. PROVIDENCIALES (PROVO) PROVIDENCIALES IS AN ISLAND IN THE NORTHWEST CAICOS ISLANDS, PART OF THE TURKS AND CAICOS ISLANDS, A BRITISH OVERSEAS TERRITORY. IT IS LOCATED 575 MILES SOUTHEAST OF MIAMI WITH A FLIGHT TIME OF 1.5 HOURS. IT IS APPROXIMATELY 30 MILES SOUTHEAST OF THE BAHAMAS AND 230 MILES EAST OF CUBA. MARINA SPECIFICATIONS THE BASIN HAS BEEN DREDGED TO 9 FT. AT MID-TIDE AND ENCOMPASSES OVER 10 ACRES. PRECAST CONCRETE WALLS COVER 2,100 FT. ON THE COMMERCIAL SIDE OF THE MARINA WITH STABLE ROCK FOR THE REMAINDER OF THE MARINA WALLS. THE MARINA OFFERS SUPERIOR THE ISLAND COMPRISES A NEWLY IMPROVED AND EXPANDED INTERNATIONAL AIRPORT WHICH ALLOWS FOR DIRECT FLIGHTS FROM EUROPE AS WELL AS DAILY FLIGHTS FROM NY, BOSTON, MIAMI, TORONTO AND CHARLOTTE BY AMERICAN AIRLINES, US AIRWAYS, CONTINENTAL, JET BLUE, DELTA AIRLINES, AIR CANADA, AND BRITISH AIRWAYS. VESSEL ACCESS DUE TO LACK OF REEFS x322 PREMIEREESTATES.COM

3 PROPOSED SITE TOTAL AREA APPROXIMATELY 50 ACRES. TOTAL WATERFRONT SHORELINE 8,000 FT. HOTEL/RETAIL SITE 6.2 ACRES. CONDOS/RETAIL ACRES. HILLTOP RESIDENTIAL LOT 2.7 ACRES. POTENTIAL FOR BEACHFRONT DEVELOPMENT. ZONED TOURISM/ COMMERCIAL MIXED-USE SITE RESIDENTIAL, RETAIL, RESTAURANT, MARINA ACRES SET ASIDE FOR OPEN, PUBLIC, AND UTILITY SPACES. 24 SINGLE FAMILY RESIDENTIAL LOTS OF 0.56 TO 0.95 ACRES EACH ON BOTH THE OCEAN AND MARINA SIDES WITH OVER 4,000 FT. OF WATERFRONT. PREMIERE LOCATION: TURKS & CAICOS ISLANDS TURKS & CAICOS ISLANDS IS A LUXURY DESTINATION CONTINUALLY VOTED ONE OF THE TOP 5 BEST BEACHES IN THE WORLD. A SOUGHT AFTER VACATION SPOT FOR HOLLYWOOD A-LISTERS AND GLITTERATI, IT IS SURROUNDED BY A CONTINUOUS CORAL REEF, ONE OF THE LARGEST IN THE WORLD. OF THE 40 ISLANDS AND CAYS THAT COMPRISE TURKS AND CAICOS, ONLY 8 ARE INHABITED. THE POPULATION IS APPROXIMATELY 32,000 FULL TIME RESIDENTS. THE ECONOMY IS BASED ON TOURISM, FISHING, AND OFFSHORE FINANCIAL SERVICES. THE ISLANDS ARE A BRITISH CROWN COLONY, ADMINISTERED BY A BRITISH APPOINTED GOVERNOR AND THE PRIMARY LANGUAGE IS ENGLISH. THESE BEAUTIFUL ISLANDS FEATURE A TROPICAL AND SUNNY CLIMATE WITH TEMPERATURE AVERAGING 83 F x322 PREMIEREESTATES.COM

4 NO MINIMUM BID AUCTION SCHEDULE 4.02 TOUR PROPERTY APRIL 2 - MAY 20 YOU CAN TOUR THE PROPERTY BY APPOINTMENT. TO SCHEDULE A TOUR, PLEASE CALL PREMIERE ESTATES AUCTION COMPANY: x BIDDER FORM & CHECK DUE NO LATER THAN MAY 13 MAIL YOUR BIDDER REGISTRATION FORM AND A CASHIER S CHECK IN THE AMOUNT OF $200,000 PAYABLE TO FIDELITY TITLE COMPANY TO ARRIVE AT OUR OFFICE BY WED., MAY 20 AT 5 P.M. ET. TO WIRE FUNDS, PLEASE CALL x322. FORMS MAY BE FAXED TO AUCTION DATE MAY 21 AT 5PM ET REGISTRATION DUE BY MAY 20, 5:00 P.M. ET CLOSING JULY 4 ESCROW DOCUMENTS WILL BE SIGNED WITH FIDELITY TITLE COMPANY IMMEDIATELY AFTER THE AUCTION. FORTY-FIVE DAY (45) ESCROW PERIOD IS FINALIZED ON JULY 4, HOW TO BID 1. MUST PRE-REGISTER. GO TO PREMIEREESTATES.COM OR CALL PREMIERE ESTATES AUCTION COMPANY AT x322 TO OBTAIN REGISTRATION FORM. 2. SUBMIT A $200,000 CASHIER S CHECK PAYABLE TO FIDELITY TITLE COMPANY EITHER BY MAIL OR VIA WIRING (CONTACT PREMIERE ESTATES AUCTION COMPANY FOR WIRING INFO). 3. BID VIA SEALED BID AUCTION FORMAT. PLEASE CONTACT PREMIERE ESTATES AUCTION COMPANY FOR DETAILS BUYER S PREMIUM A TEN PERCENT (10%) BUYER S PREMIUM WILL BE ADDED TO THE WINNING BID PRICE. BROKER COOPERATION BROKERS MUST REGISTER PRIOR TO AUCTION DAY. A TWO PERCENT (2.0%) COMMISSION WILL BE PAID TO ANY PROPERLY LICENSED BROKER WHO REGISTERS THE WINNING BUYER THAT CLOSES ACCORDING TO PREMIERE ESTATES AUCTION COMPANY S BUYER BROKER GUIDELINES. Please review Terms & Conditions document for Auction Information and Disclaimers. (PEAC) is the Auction & Marketing Company and Grace Lappin of Avalon Partners Ltd. is the listing broker. This auction is subject to a reserve. Any announcement made on auction day will supersede any oral or written statement made prior to that time. Information contained herein was derived from sources believed to be correct, but is not guaranteed. The auctioneer may open the bidding at a price which may differ from the opening bid price listed on any Multiple Listing Service or other literature and print. The Auctioneer reserves the right to postpone or cancel the auction, to withdraw the property from the auction and to change any terms of the auction or particular conditions of sale upon announcement prior to or during the course of the auction. Bids shall be accepted in a manner and in such increments as shall be determined by the Auctioneer. Seller has the right to accept offers prior to the auction. This document may not be reproduced in whole or in part without the written permission of Premiere Estates Auction Company. See full auction terms & conditions at PremiereEstates.com x322 PREMIEREESTATES.COM 7

5 1230 ROSECRANS AVE., SUITE 160 MANHATTAN BEACH, CA x322 IN CONJUNCTION WITH GRACE LAPPIN PEAC CALBRE LIC #