STRAND HOTEL Normanby Street, YEPPOON QLD 4703
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- Hotel / Leisure, Development / Land, Retail
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- 16 Dec 2016
Rare Oceanfront Freehold Hotel &/or development site with significant income
- High profile, three street frontage enjoying permanent passing trade and foot traffic
- Recently completed $4M* Hotel refurbishment providing tax depreciation benefits
- Balanced cash flows across all departments with further potential to drive revenues
- Hotel has been run effectively under management for last 13 years
- Sale includes Hoteliers Licence 87280, Gaming Licence 49997 and 24 Gaming Machine Authorities
- Parcel of 6 lots totalling 4,924sqm*
- Enormous 73.7metre* frontage to Yeppoon Beach overlooking Rosslyn Bay to Great Barrier Reef
- Adjoins Yeppoon Council's $10M* Multi-storey 300 bay carpark (under construction)
- Zoned "Yeppoon Central" flexible zoning
For sale via Offers to Purchase.
For more information please contact the exclusive agents Glenn Price and Darren Collins from CBRE.
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
STRAND HOTEL Normanby Street YEPPOON