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2429 Gold Coast Highway
Mermaid Beach QLD 4218
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Sold on 26 Sep 2023

2429 Gold Coast Highway Mermaid Beach QLD 4218

  • Development / Land
  • 817 m²
  • Sold, $4,988,000

SEIZE THE OPPORTUNITY! MOTIVATED SELLER

    INVESTMENT OPPORTUNITY! 2429 GOLD COAST HIGHWAY

    Act now before it's too late! We are thrilled to present this incredible going concern motel, strategically located in the absolute prime hotspot of Mermaid Beach. This is a limited time offer that savvy investors and developers simply cannot afford to miss!

    With an expansive 817m2 corner block, this is the PERFECT canvas to build a commercial masterpiece with luxurious apartments above! But time is of the essence this opportunity won't wait for anyone!

    The Classic Motel is already generating a substantial holding income, making it an even more enticing prospect. But wait, there's more! Imagine transforming this prime location into a boutique development, skyrocketing its value to new heights!

    Enjoy the added bonus of an onsite swimming pool, catering to the desires of potential guests and residents alike. This gem is a freehold investment with low outgoings and offers the flexibility to exit the lease with just a 3-month notice period.

    Zoning allows for an impressive building height of 15m, ensuring your development will tower above the competition and capture maximum attention!

    Just steps away from the beach, shops, cafes, and restaurants, the location is second to none! Visibility is off the charts, with easy direct access from the prominent main road.

    The current rent of $123,081 (inc. GST) per annum is a testament to the untapped potential of this property. But don't wait for the rent to increase seize the opportunity now!

    Don't delay, as this property WILL be sold! Enquire immediately and secure your chance to make a mark in this highly sought-after location.

    TIME IS TICKING! Contact us TODAY for more information and take the first step towards your lucrative future!

    Don't delay, contact the listing agent Paulette 0456 778 678

    Disclaimer: The above information has not been verified. We advise you confirm the accuracy of details before entering into a contract.
    Amir Prestige and its employees cannot be held responsible for any inaccurate details supplied here.

    Property Highlights

    Date Sold26 Sep 2023
    Sold Price$4,988,000
    Floor AreaAsk Agent
    Land Area817 m²
    Parking8 x Onsite parkings
    Property ID2018951502
    Category
    Last updated  11 Dec 2023
    Map for 2429 Gold Coast Highway Mermaid Beach QLD 4218

    Property Highlights

    Date Sold26 Sep 2023
    Sold Price$4,988,000
    Floor AreaAsk Agent
    Land Area817 m²
    Parking8 x Onsite parkings
    Property ID2018951502
    Category
    Last updated  11 Dec 2023

    Co-Agents

    Nat King
    Amir Prestige Group
    Call
    0403 042 677

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