26-28 Peninsular Drive,
Surfers Paradise, QLD 4217
Hotel, Motel & Leisure
Price information
Sold
$3,900,000
Key property information
Land area
Floor area
Tenure type
Sold on
RWC - Gold Coast
Level 2, 50 Cavill AvenueSURFERS PARADISE, QLD 4217
04122401...
26-28 Peninsular Drive
Surfers Paradise, QLD 4217
Map of 26-28 Peninsular Drive
10YR + 5YR + 5YR LEASE SURFERS PARADISE INVESTMENT FANTASTIC FUTURE DEVELOPMENT SITE
* Net Income $288,000*p.a. (3% increase)
* Leased until December 2028 with 2 x 5yr options
* Demolition clause in place for future development
* Tenant pays all outgoings
* Land area 1,016*m2 with 36*m2 of street frontage
* Operated as one of the Gold Coast's most successful backpacker resorts for over 20 years
* Walk to Surfers Paradise Beach
* Walking distance to cafes, restaurants, shops, G-Link & Surfers Paradise CBD
* Owners determined to sell
* Leased until December 2028 with 2 x 5yr options
* Demolition clause in place for future development
* Tenant pays all outgoings
* Land area 1,016*m2 with 36*m2 of street frontage
* Operated as one of the Gold Coast's most successful backpacker resorts for over 20 years
* Walk to Surfers Paradise Beach
* Walking distance to cafes, restaurants, shops, G-Link & Surfers Paradise CBD
* Owners determined to sell
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Property ID: 502591902Last Updated: 26 Feb 2021
RWC - Gold CoastLevel 2, 50 Cavill Avenue
SURFERS PARADISE, QLD 4217
SURFERS PARADISE, QLD 4217
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