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
Viv GillardDid everything he said he was going to do..great service