Don Pancho beach resort in Bundaberg seeks trustees for sale

Don Pancho beach resort in Bundaberg seeks trustees for sale
Prateek ChatterjeeMarch 30, 2017

An application has been filed in Queensland’s Supreme Court to appoint statutory trustees to sell the Don Pancho Beach Resort property at Bargara in Queensland, according to a notice for members on the resort’s website.

The matter will be heard by the Supreme Court in Brisbane on April 12. 

Located at Bargara, the white-painted, Mediterranean-style resort is positioned at the gateway to the Great Barrier Reef. It is part of the Bundaberg area.

The land area is 3,940 square metres and the zoning is medium density residential.

Rooms are priced from $88, according to the resort's website.

Members may be entitled to a share of the proceeds on the sale of the property, the note says. 

A resolution was passed by a majority vote of members at the Extraordinary General Meeting held on 11 May 2016 in favour of making this application. 

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