The Marina Motor Lodge is no more and the Vendors are looking for either a joint venture partner to redevelop the site with them or an outright sale.

It occupies a prime corner site of 2812 square metres in a medium density zone making it a prime candidate for a residential development to cater for the overwhelming demand for new housing.

For the right joint venture partner the Vendors would contribute the site and possibly even put in some capital. Likewise retaining some of the finished product is also an option. - It will all come down to the deal.

An outright purchase is also on the cards, but purchasers need to be aware that the building has had water ingress problems and the interior partly demolished making it inhabitable. As such no warranties will be given and you will be purchasing on an "as is" basis.

Opportunities like this are few and far between, so put your thinking cap on and come up with a deal that will benefit both you and our vendor.

• Joint venture or outright purchase

• Prime 2812 corner site

• Concept plans available to qualified parties

• A win win for all