125 Frank Street, LABRADOR QLD 4215
$960,000 Or Near Offer
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- 12 Oct 2016
Gold Coast Motel with Freehold Title Manager's Unit | Resort Brokers ID : LH004177
Resort Brokers ID : LH004177
- Exceptionally high net profit to purchase price ratio, and includes Freehold Title apartment.
- Broadwater location at Labrador, walk to beach at northern end of the Gold Coast.
- 32 apartments in letting pool operated as a motel business.
- Includes managers salary plus commissions and profits on trading.
- Prominent three street frontage, highly visible with easy access.
- Studio, one and two bedroom self-contained Strat Titled apartments.
- Managers Strata Titled two bedroom plus office unit includes undercover private courtyard.
- Huge swimming pool and separate undercover BBQ entertaining area.
- Perfect business with freehold title security for a couple looking for beach lifestyle.
NB: Property inspections are by appointment only
1 Bligh street, SydneyGrade A
Building AmenitiesAvg. rent (net):$800 - $1000Avg. outgoings:$162Vacancy rate:13.5%Data from Colliers Edge.For information click hereMajor TenantsNabers energyAdditional information
125 Frank Street LABRADOR