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26-28 Peninsular Drive
Surfers Paradise QLD 4217
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26-28 Peninsular Drive Surfers Paradise QLD 4217

  • Hotel, Motel, Pub & Leisure
  • 1,016 m²
  • Sold, $3,900,000

10YR + 5YR + 5YR LEASE SURFERS PARADISE INVESTMENT FANTASTIC FUTURE DEVELOPMENT SITE

* Net Income $288,000*p.a. (3% increase)
* Leased until December 2028 with 2 x 5yr options
* Demolition clause in place for future development
* Tenant pays all outgoings
* Land area 1,016*m2 with 36*m2 of street frontage
* Operated as one of the Gold Coast's most successful backpacker resorts for over 20 years
* Walk to Surfers Paradise

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RWC (Gold Coast)
RWC (Gold Coast)
33 Scarborough Street
Southport, QLD 4215

Property Highlights

Sold Price$3,900,000
Land Area1,016 m²
Property ID2013926275
Category
Last updated  15 May 2019
Map for 26-28 Peninsular Drive Surfers Paradise QLD 4217
RWC (Gold Coast)
RWC (Gold Coast)
33 Scarborough Street
Southport, QLD 4215

Property Highlights

Sold Price$3,900,000
Land Area1,016 m²
Property ID2013926275
Category
Last updated  15 May 2019

Listed by

Michael Willems
Michael Willems
RWC (Gold Coast)
Call
0412 240 176

More about 26-28 Peninsular Drive Surfers Paradise QLD 4217

26-28 Peninsular Drive Surfers Paradise QLD 4217 is categorized as Hotel, Motel, Pub & Leisure Property. It has a land area of 1,016 m². The listing ID for this property is 2013926275.

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