Property in detail
Colliers' Unique Properties Group is pleased to present the sale offering of the Port Sidney Marina on Vancouver Island. This offering is a premium, full-service marina located adjacent to beautiful downtown Sidney, British Columbia. Sidney is located in Greater Victoria, on South Vancouver Island, in the heart of the Gulf and San Juan Islands. This location offers a sophisticated oasis for the discerning marine traveler.
Successfully operated for a number of years under a simple business model with a limited employee base, this offering features approximately 13,500 lineal feet of dock space, divided into 320+ slips, and is capable of accommodating boats ranging in size from 25 to 138 feet. The spectacular setting of the property and the extensive, well-planned improvements make the Port Sidney Marina one of the finest marina destinations on the West Coast of North America.
The strategic location of the Marina provides easy access to Washington State’s San Juan Islands and British Columbia’s Gulf Islands and attracts an extensive and growing client base of boaters, including transient, seasonal and long-term moorage. Furthermore, the marina’s location, immediately adjacent to the quaint and picturesque town of “Sidney by the Sea”, makes the Port Sidney Marina a favourable destination for transient mariners seeking all of the amenities offered by this charming town. Visitors can enjoy fine dining, spa treatments, excellent shopping, luxury hotel accommodation, and the newly constructed Shaw Ocean Discovery Centre.
Approximately 3,900 feet of the marina dock space is committed to long-term moorage in the form of ‘dockominiums’. The majority of this moorage will revert to the control of the marina beginning in 2018. This represents a significant amount of income not currently accounted for within the financial statements.