1026 Gold Coast Highway, PALM BEACH QLD 4221
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- Hotel / Leisure
- Floor area:
- 18 x Onsite parking
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- 1 Dec 2016
Fully Operational Motel Site
Located at the Southern end of Palm Beach, just opposite the beautiful estuary, this 18 room Motel is situated on a 1194m2 parcel of land.
- Fully operational 18 x room motel with reception and 2 bedroom managers residence.
- Full brick / suspended slab construction
- All fully furnished and air-conditioned
- Providing a substantial income
The property is located on the Gold Coast Highway at the Southern end of Palm Beach within easy walking distance to beautiful beaches, parks, clubs, restaurants, cafes, Currumbin estuary and Palm Beach Currumbin High School. Public transport is at the doorstep providing easy access to schools, shopping, theme parks, hospitals and the Gold Coast Airport.
The 'Gold Coast' lifestyle is definitely on offer with the combination of a substantial property, in an excellent location providing a generous income.
The current owner has owned and operated the property for 21 years and it is now time for a change.
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
1026 Gold Coast Highway PALM BEACH