Freehold motel investment and development site located on the beach side of the Gold Coast Highway.
Browns on Broadbeach is set on a large 2,286sqm* block of land on the Gold Coast Highway, Mermaid Beach. Just 400 metres* from the beach and a 14 minute walk to the heart of Broadbeach where you have an array of cafes, restaurants, specialty stores and Woolworths.
There are 20 income producing motel rooms with tea/coffee facilities, TV, microwave, bar fridge and air-conditioning on request.
Strong holding income allows multiple commercial options, including maintaining current business, commercial & retail redevelopment, and multi-level residential construction. Development opportunities like this one only come up once in a generation, so do not delay and contact us now.
Key features include:
- 20 spacious motel rooms
- Swimming pool
- Walking distance to shops & cafes
- Less than 15 minutes walk to the centre of Broadbeach
- 5 minutes* to Gold Coast beaches
- 2 minutes* walk from Broadbeach Tram Station
- Opposite major shopping centre Pacific Fair
- Annual income potential 20/21 - $395,200* per annum based on 100% occupancy
- 20 car spaces & self-service laundry
- Potential building concepts available upon request (STCA)
In conjunction with Ray White Mermaid Beach.
*Denotes Approx.
This property is being sold by auction or without a price and therefore a price guide cannot be provided. The website may have filtered the property into a price bracket for website functionality purposes.
Disclaimer:
Ray White has not independently checked any of the information we merely pass on. We make no comment on and give no warranty as to the accuracy of the information contained in this document which does not constitute all or any part of any offer or contract by the recipient. Prospective purchasers / lessees must rely on their own enquiries and should satisfy themselves as to the truth or accuracy of all information given by their own inspections, searches, inquiries, advices or as is otherwise necessary. No duty of care is assumed by The Collective Commercial Pty Ltd' trading as Ray White Commercial (CG) divisions toward the recipient with regard to the use of this information and all information given is given without responsibility. Visit www.crechannel.com.au for Commercial Real Estate Tips Commercial Real Estate Gold Coast. Commercial Real Estate Burleigh Heads
