The purchase price for Waverlee is $660,000.
For the astute buyer, the purchase has many unique advantages. How many homes come complete with your own prepaid mooring dock (with an approximate value of $30,000, over the next decade) and how many town houses have no Strata or HOA fees?
One covered parking space comes with the house; and a second (uncovered) spot is avaliable for $50 per month.
There are at this time no dock fees since they are all prepaid until the year 2023. Following that, the future owner can either choose to pay a monthly dock fee or will have the opportunity to secure a water-lease from the Federal Department of Transport (locally) for the following twenty year period. Other floating home villages on the coast have recently gone through similar lease renewals with ease.
The present owners are also prepared to consider holding a significant mortgage to a qualified purchaser
As far as value for money, as one appraiser put it, as an illustration, if a house of this size and quality were to be located back ten feet onto the land; (in other words, a conventional waterfront house) then with these views, the value would be well in excess of a million dollars.
