Management Rights to a 20 Unit Motel Complex on the Gold Coast
Management rights for sale to a total of 20 Units comprising of Studio Units, Semi Studio, 1-Bedroom and 2-Bedroom Units in the letting pool.
Includes a separate 2-bedroom Freehold Manager’s Unit. Units have their own private balcony.
All rooms are fully air-conditioned, excellent parking plus onsite BBQ area and a Pool.
The Manager’s Unit comprises of a separate garage/storage, kitchen, laundry, lounge and Reception/Office on the ground floor plus a Courtyard.
Within walking distance to the water for fishing, boating and Restaurants!
Owner states current income after all expenses is over $280,000.00 per annum.
Solid brick construction. Long lease in place.
Future development site as there is a total of 32 Units in the complex on 2,444 m2 land area.
A potential highrise development site. Secure your investment quickly!

Brokers Comments:
Ideal for a working couple or developer to land bank