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      Accommodation & Tourism business for sale in Surfers Paradise

      • Accommodation & Tourism
      • Surfers Paradise QLD 4217
      • Expressions of Interest

      Prime Position Management Rights with Development Potential

      Huge Price reduction!! Owners want offers

      Absolute beachfront with no streets to cross, magnificent views, right in the heart of Surfers Paradise. Walk to Cavill Avenue Mall, Sky Point, restaurants and the tram link.

      After 30 years current owners say it's time to move on.

      - 18 units with 9 in the letting pool and potential to increase.
      - Long caretaker contract in place with 22 years remaining
      - 1, 2 and 3 bed configuration to maximise returns
      - Low maintenance block with beach side pool
      - Comfortable 2 bedroom manager's residence
      - Currently approx $89,000 net profit with plenty of opportunity to increase.
      - An Additional income generating unit is also to purchase subject to negotiation
      - Potential development site STCA, seeking expressions of interest.

      For further details contact Russell Spurrell, Finn Accommodation Brokers. 0437 007 261

      Business Highlights

      Floor Area

      157m²

      Business ID

      2014569913

      Last updated

      14 Aug 2018

      Category

      Accommodation & Tourism, Hotel, Management Rights

      Map for Surfers Paradise QLD 4217

      Po Box 1484 Sunnybank Hills QLD 4109

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