Victoria's Oak Bay Beach Hotel Supports Sales With 100% Buy Back Guarantee

Posted: Feb 25, 2011

Oak Bay Beach Hotel1stView recently visited the downtown Victoria office of the Oak Bay Beach Hotel at 1111 Wharf Street. While there, we were intrigued by the live web cam view showing the construction progress at the waterfront hotel site. "I could appreciate the stunning ocean views from an owner’s perspective, as it offered an unobstructed view of Chatham Island and the Oak Bay beach waterfront," said 1stView's Clarice Coty.
Victoria’s Oak Bay Beach Hotel is offering buyers of their five-star vacation hotel suites and residences at the new Vancouver Island hotel development a 100% Buy Back Guarantee.
Until March 15, 2011, Oak Bay Beach Hotel developer Walker Hospitality is offering a two-year, 100 percent buy back guarantee to any purchasers of their Luxury Waterfront Residences and their revenue-producing Vacation Hotel Suites in the new Oak Bay Beach Hotel. The offer is available for only a limited amount of Vacation Suites and Residences (20 per cent of available units).
Seeing potential buyers’ anxiety over the recent soft economy “inspired us to express our confidence with a money back guarantee, taking away any downside to a commitment to purchase with us,” says Kevin Walker, owner of Walker Hospitality.
All purchases must be completed before March 15, 2011 and a total refund will be granted to buyers two years after the time of occupancy, if they are not completely satisfied with their investment. The hotel is scheduled to open in Spring 2012.
Pre-opening pricing starts at $299,000 (Vacation Hotel Suites, ranging from 400 – 750 square feet) and $1 million (Residences at Oak Bay Beach Hotel, ranging from 900- 1900 square feet.) The Oak Bay Beach Hotel has sold more than 45 per cent of its real estate inventory.
The new Oak Bay Beach Hotel is being rebuilt on the same spectacular Vancouver Island oceanfront property where the previous hotel stood for over 80 years. It will reopen as a 100-room hotel with 20 luxury residences and vacation hotel suites built to five-star standard. Visit the Oak Bay Beach Hotel website for more information about purchasing a private residence or vacation hotel suite or call 1-800-668-7758.

Please note that this blog entry was published more than three months ago. Some details may be outdated.


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