26 White Street,
Southport, QLD 4215
Hotel, Motel & Leisure • Development Sites & Land • Other
Price information
Sale - Expression of Interest
Contact Agent
Under Contract
Key property information
Land area
Floor area
Car spaces
Tenure type
Private inspections
to arrange a private inspection.
Map of 26 White Street
Train stations within 5 km of 26 White Street, Southport, QLD 4215 Distance Gold Coast University Hospital 3.4 km POWERED BY HERE ©Tram stops within 5 km of 26 White Street, Southport, QLD 4215 Distance Nerang Street 405 m Southport Depot 2.1 km Cavill Avenue 3.6 km Northcliffe 4.5 km Parkwood East 4.8 km POWERED BY HERE ©Bus stops within 5 km of 26 White Street, Southport, QLD 4215 Distance Queen St at Garden Street 62 m Scarborough St at White Street 280 m Southport Medical Precinct 470 m Ferry Rd at Minnie Street 508 m Bauer St Near Chester Tce 526 m POWERED BY HERE ©
POWERED BY HERE ©
SOLD - Entire 37 Room Boarding House For Sale
Avanti Commercial are proud to bring to the market for the first time since construction over 30 years ago, the well-established "White Street Lodge" Southport.
This very sturdy suspended concrete slab, brick and tile 2 level accommodation building was built in the 1980's. The property consists of 36 boarding rooms (plus 3 storage rooms), a 1 bedroom (on site managers) unit, utilities/storage room and multiple common areas.
The property is located very well within close proximity to public transport, medical, retail and entertainment.
Property Features:
• 37 room boarding house
• Lucrative income stream (Gross $455,260 and Net $274,941 approx)*
• Freehold site of 1,236sqm land area
• Priority Development Area - Southport
• Precinct 1 - Central Business District
• Zoned High Rise and High Density Residential, various commercial and medical uses also (subject to Council approval)
The offering is well suited to an investor to take advantage of the lucrative residential income, with a medium to long term view for a built form development.
This meticulously kept property is currently fully occupied with an on-site manager taking care of day-to-day operations.
The Hostel/Boarding House was upgraded in 2014 to include 2 disabled access rooms, ramps and a disabled access bathroom.
There is potential to utilise the property as an affordable housing option, low cost hotel accommodation or, as it is located in the Southport Priority Development Area, there is potential to redevelop the 1,236 sqm site.
PROPERTY SOLD VIA EXPRESSION OF INTEREST.
For More Information and a Copy of the Information memorandum contact the Exclusive Agent:
Lachlan Harris
E. lharris@theavantigroup.com.au
P. 0409 057 7...
This very sturdy suspended concrete slab, brick and tile 2 level accommodation building was built in the 1980's. The property consists of 36 boarding rooms (plus 3 storage rooms), a 1 bedroom (on site managers) unit, utilities/storage room and multiple common areas.
The property is located very well within close proximity to public transport, medical, retail and entertainment.
Property Features:
• 37 room boarding house
• Lucrative income stream (Gross $455,260 and Net $274,941 approx)*
• Freehold site of 1,236sqm land area
• Priority Development Area - Southport
• Precinct 1 - Central Business District
• Zoned High Rise and High Density Residential, various commercial and medical uses also (subject to Council approval)
The offering is well suited to an investor to take advantage of the lucrative residential income, with a medium to long term view for a built form development.
This meticulously kept property is currently fully occupied with an on-site manager taking care of day-to-day operations.
The Hostel/Boarding House was upgraded in 2014 to include 2 disabled access rooms, ramps and a disabled access bathroom.
There is potential to utilise the property as an affordable housing option, low cost hotel accommodation or, as it is located in the Southport Priority Development Area, there is potential to redevelop the 1,236 sqm site.
PROPERTY SOLD VIA EXPRESSION OF INTEREST.
For More Information and a Copy of the Information memorandum contact the Exclusive Agent:
Lachlan Harris
E. lharris@theavantigroup.com.au
P. 0409 057 7...
Explore property virtually
Video
If you'd like to inspect this property in person, please to arrange a private inspection.
Property ID: 504672252Last Updated: 8 Oct 2024
04090577...
26 White Street
Southport, QLD 4215
Avanti Commercial - Gold CoastLevel 4, 64 Ferny Avenue
SURFERS PARADISE, QLD 4217
SURFERS PARADISE, QLD 4217
