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Coolangatta Sands Hotel, 6-8 McLean Street Coolangatta, NSW 2535

Coolangatta Sands Hotel, 6-8 McLean Street,
Coolangatta, NSW 2535

Hotel, Motel & Leisure

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Supreme Beachside Freehold Going Concern Hotel

• Extremely rare SE QLD Freehold Going Concern Hotel incorporating multiple bars, bistro, gaming, retail and accommodation.
• Located 250 metres* from Coolangatta Beach and 2km* from the recently expanded Gold Coast International Airport.
• Prominent 1,067sqm* corner allotment with prime double street frontage in the bustling heart of the Coolangatta retail and entertainment precinct.
• Large gaming room with 40 machines – ability to go to 45, #242 in Jan 19 gaming rankings (Maxgaming).
• Solid revenue base and as new fit out but with demonstrable growth
opportunities across the business.
• Future redevelopment and site reconfiguration - up to 23 storeys (STCA).

For Sale by Expression of Interest
Closing Wed 13 March 2019 at 4pm (unless sold prior)

*Approx. (in small font)

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Property ID: 503096942Last Updated: 22 Apr 2019

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Coolangatta Sands Hotel, 6-8 McLean Street
Coolangatta, NSW 2535

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