Hotel/Leisure for Auction at
26-28 Peninsular Drive, Surfers Paradise, QLD


16 Nov 2017, 11:00am Auction Auction for for 26-28 Peninsular Drive, Surfers Paradise, QLD 2017-11-16T11:00:00+10:00 Auction 11:00am Gold Coast Turf Club, Racecourse Drive, Bundall Save to calendar Add to Google Calendar
Gold Coast Turf Club, Racecourse Drive, Bundall
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Central Surfers Paradise Major Development Site with Great Holding Income or Solid Income Generating Long Term Leased Investment

A golden opportunity to acquire this superb central location development or long-term investment site virtually right in the heart of Surfers Paradise.

• Net income $450,882.50p.a. (with higher of 3% or CPI annual increases)
• Leased until Nov. 2025 with 3 x 5 year options
• Landlord (only) Break Provision to Facilitate Redevelopment
• Tenant pays all Outgoings
• Land area 1,016m2* with 36m* of street frontage
• Operated as one of the Gold Coast's most successful backpacker resorts for over 20 years
• Walk to Surfers Paradise Beach
• Zoned Hx (no height limit)
• Walking distance to cafes, restaurants, shops, G-Link and Surfers Paradise CBD

An outstanding opportunity - Don't miss out!


Thursday 16th November 2017 @ 11am
Gold Coast Turf Club, Racecourse Drive, Bundall

Michael Willems

26-28 Peninsular DriveSurfers Paradise QLD 4217 AUS
-28.004632 153.423424

Agent Reviews

Viv Gillard

Did everything he said he was going to do..great service

Stephen & Maree

Excellent negotiating skill, kept us informed at all times

Mark Thompson- Southport

I would like to sincerely thank your team at Ray White Surfers Paradise for the effort and professionalism displayed in the recent sale of our home in Southport. You would be aware that I have now engaged your company on several occasions to both purchase and sell property on my behalf obtaining an

P Webb & B McKay- Runaway Bay

We were both very happy with the end result of our sale at Commodore Drive, Paradise Waters. Michael Willems was extremely helpful, courteous and sensitive to our feelings concerning selling our Mother’s home, we found him excellent.

Lisa Moss- Paradise Waters

Michael has exceptional organizational time management skills, is of a trustworthy character and has always gone out of his way and excelled in doing what he has set out to do, going further than is required. I have no hesitation in recommending Michael Willems for any future business agreements du

Karl Morris- Sydney

I would like to congratulate the Ray White team on the successful campaign and under the hammer sale of my family home. It is always emotional when selling a family home – as we lived interstate during the marketing campaign your continual feedback and professionalism gave me confidence you would a

S Godwin- Paradise Waters

Straight to the point, up front service with plenty of written feed back on every aspect and detail of our sale. No pressure or hidden agenda from Michael Willems and Michael showed up on time every time for all the open homes. It has been a pleasure to deal with Michael Willems of Ray White Pres
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