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Freehold Motel for sale on the Gold – 303510

Freehold Motel for sale on the Gold – 303510

Freehold plus Motel Lease for sale on the Gold Coast
Freehold plus Motel Lease for sale on the Gold Coast

Freehold Motel for sale on the Gold Coast

Main Road location, close to Surfers Paradise and Southport

Solid brick construction.

Interbiz Business Brokers Website


Freehold Motel for sale on the Gold Coast

A solid 3-level 21 Room Motel with a separate Manager’s Unit with a balcony overlooking a tranquil pool area.

Key features:

• 723 sqm* of PDA 1 Zoned Land, No height restriction!

• 21 Letting Rooms including Separate Managers Unit

Communal TV Lounges, Dining and Commercial Kitchen

• Swimming Pool

• 3 Story plus basement

• 7 + Basement Car Spaces, Tandem Parking at Rear

• Dual street frontages.
Within walking distance to the Broadwater, Australia Fair Shopping Centre and much more.
This property is situated in the heart of Southport’s PDA 1 precinct – potential for future development for either a 40x 2-bedroom apartments or an 80-bedroom Hotel (subject to Council approval).

Brokers Comments:

Well priced for a quick sale as owners wish to retire.

Overview

Price: Freehold $4.5m

Code: 303510

For more information on this business,
please read our Confidentiality Agreement (by clicking here),
complete and submit this form, and we will contact you with further details on this opportunity.