40 Peninsular Drive Surfers Paradise QLD
CENTRAL SURFERS PARADISE BACKPACKERS HOSTEL ON HIGHRISE DEVELOPMENT LAND
We are pleased to offer this central Surfers Paradise backpackers which is also large redevelopment site for sale. The net turnover over the last 12 months has been approx. $1,000,000.
This 1,546 m2 land parcel consists of three blocks of land with dual street frontage (potential opportunity to also buy a fourth block increasing the land area to over 2,000 m2) in the heart of Surfers Paradise.
The property is currently an operating 200 bed backpackers with pool and licensed bar and is strategically located only 300m from the famous CAVILL AVENUE and approximately 700m from the beach. Such a prime and rare location in the middle of the tourist hype of Surfers Paradise.
The Gold Coast has always been a tourist destination but its rapidly increasing permanent population growth, reflects an increasing trend of discerning owner occupiers moving to the region. The Gold Coast is especially attractive to the southern population due to its climate, lifestyle and facilities.
Investment features include:
- 1,546 m2 - approx site area (Potential to be increased to over 2,000 m2)
- Net turnover over the last 12 months has been approx $1,000,000
- Zoning RD7 (1 bed per 25m2 on net site area)
- Zoned for high-rise with an unlimited height limit
- Two street frontages with River views to the North
- Surfers Paradise Development sites with substantial holding income are rare
- Backpacker business established 35 years and holds a liquor license
- Strong cash flow
- Genuine Owner ready to sell
Price: $7,750,000
Private viewings by appointment:
Jamie Bourke 0417 077 277
jbourke@bourkeqld.com.au
Disclaimer: BOURKE Commercial has not independently checked any of the information we merely pass on. We make no comment on and give no warranty as to the accuracy of the information contained in this document which does not constitute all or any part of any offer or contract by the recipient. Prospective purchasers / lessees must rely on their own enquiries and should satisfy themselves as to the truth or accuracy of all information given by their own inspections, searches, inquiries, advices or as is otherwise necessary. No duty of care is assumed by Limited Interest Pty Ltd ATF FNC Trust t/a BOURKE Commercial toward the recipient with regard to the use of this information and all information given is given without responsibility.
This 1,546 m2 land parcel consists of three blocks of land with dual street frontage (potential opportunity to also buy a fourth block increasing the land area to over 2,000 m2) in the heart of Surfers Paradise.
The property is currently an operating 200 bed backpackers with pool and licensed bar and is strategically located only 300m from the famous CAVILL AVENUE and approximately 700m from the beach. Such a prime and rare location in the middle of the tourist hype of Surfers Paradise.
The Gold Coast has always been a tourist destination but its rapidly increasing permanent population growth, reflects an increasing trend of discerning owner occupiers moving to the region. The Gold Coast is especially attractive to the southern population due to its climate, lifestyle and facilities.
Investment features include:
- 1,546 m2 - approx site area (Potential to be increased to over 2,000 m2)
- Net turnover over the last 12 months has been approx $1,000,000
- Zoning RD7 (1 bed per 25m2 on net site area)
- Zoned for high-rise with an unlimited height limit
- Two street frontages with River views to the North
- Surfers Paradise Development sites with substantial holding income are rare
- Backpacker business established 35 years and holds a liquor license
- Strong cash flow
- Genuine Owner ready to sell
Price: $7,750,000
Private viewings by appointment:
Jamie Bourke 0417 077 277
jbourke@bourkeqld.com.au
Disclaimer: BOURKE Commercial has not independently checked any of the information we merely pass on. We make no comment on and give no warranty as to the accuracy of the information contained in this document which does not constitute all or any part of any offer or contract by the recipient. Prospective purchasers / lessees must rely on their own enquiries and should satisfy themselves as to the truth or accuracy of all information given by their own inspections, searches, inquiries, advices or as is otherwise necessary. No duty of care is assumed by Limited Interest Pty Ltd ATF FNC Trust t/a BOURKE Commercial toward the recipient with regard to the use of this information and all information given is given without responsibility.
Agent Details
Property Information
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Commercial
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QLD
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Gold Coast
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Surfers Paradise
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Development
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For Sale
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1546 sqm