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10YR + 5YR + 5YR LEASE –SURFERS PARADISE INVESTMENT – FAN...

26-28 Peninsular Drive, SURFERS PARADISE QLD, 4217

For Sale

Property for Sale in 26-28 Peninsular Drive, SURFERS PARADISE QLD, 4217

Ray White Commercial Gold Coast

Level 2, 50 Cavill Avenue, Surfers Paradise, QLD 4217

Listing ID:
11332298
Status:
Under-offer
For:
Sale
Price:
Auction
Last Updated:
21/02/2019
Icon building

Property Type

Hotel/Leisure/Hotel/Leisure
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Land Area

1016 SQM
Icon size

Floor Area

650 SQM
Icon parking

Parking

N/A

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 Beach
* Walking distance to cafes, restaurants, shops, G-Link & Surfers Paradise CBD
* Owners determined to sell

For more details, please email agent


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Ray White Commercial Gold Coast

Level 2, 50 Cavill Avenue, Surfers Paradise, QLD 4217


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