The prime South Shore site of the former Sonesta resort has been put up for bid in the hope of attracting a buyer.Exclusive agents for the property, Jones Lang LaSalle and Rego Sotheby’s International Realty said all offers for 32-acre South Beaches should be submitted by November 9.Scout Real Estate, the US developer which bought the oceanfront spread in 2007, had planned to build a five-star resort there.But after demolishing the hotel, the plans were scrapped. Lehman Brothers, the US investment bank which filed for bankruptcy protection during the 2008 financial crisis, had been the main financier of the $200 million project.South Beaches joins several other Bermuda resort properties looking for buyers, including newly built Newstead Belmont Hills, which was put in receivership last January and is understood to have cost about $70 million to build, with sources saying one group offered in the region of less than $15 million. Pink Beach Club, a much older property, was also put in receivership. An industry source said it could be purchased for much less than $15 million.Rego and Jones Lang LaSalle did not comment by press time on the call for offers or what South Beaches was worth. They have been trying to sell the site since May last year.South Beaches is described in the call for offers as having an “exceptional location” that is “complemented by three private pink sand beaches tucked into natural attractive bays and overlooked by picturesque topography that slopes down toward the shoreline. The Property is entitled via a Special Development Order providing the right to build a hotel and 88 residential units, 47 of which may be sold to non-Bermudians, a rare and valuable allowance.”The site is freehold without a requirement for a buyer to take on a long-term lease with the Government.Other highlights are said to be: “Spectacular central island location proximate to established and well-recognised destinations such as The Fairmont Southampton, The Reefs Resort Hotel & Club, South Shore Park and Beaches, and Gibbs Hill Lighthouse; tremendous view corridors with direct access to three private beaches: Cross Bay, Sinky Bay and Boat Bay, as-of-right entitlements with the ability to sell to non-Bermudians; a strong luxury residential market on Bermuda, an ideal luxury hotel and resort setting unlike any other site in Bermuda; easy access to eight world-class golf courses, Hamilton Business District (20 minutes) and international airport (35 minutes).A copy of the call for offers says bids should be submitted in the form of a Letter of Intent and include: the offering entitiy and component entities with demonstration of financial ability to undertake the transaction; purchase price and due diligence/ earnest money schedule; purchase and sale agreement comments; closing costs allocated to buyer and seller; a closing date and buyer contacts including attorney, in Bermuda.