Fantastic Income Producer - "Arrival Accommodation"
Hotel/Leisure - SOUTHPORT QLD
Built in 2003 this property is situated in the heart of Southports PDA 1 Precinct.
Fantastic development potential with no heights restrictions and potential to build apartments or a hotel, subject to council approval.
– Prime location in the heart of Southport CBD
– 723sqm* Block with two street frontages
– PDA 1 precinct
– 300m* Walk to the Light Rail Station
– Within walking distance to the CBD, Australia Fair Shopping Centre, Chinatown, the Broadwater, shops, cafes and restaurants
– Short drive or tram ride to Surfers Paradise and the famous Surfers Paradise beach
– Current accommodation for up to 80 guests
– 21 Rooms and a separate managers suit with 2 bedrooms
– Commercial Kitchen and communal TV lounges & dining room
– Swimming Pool
– 7 + Car spaces, parking at rear
– No height restrictions, subject to council approval
– The gross income ($326,452.00 p/a) and the net income ($119,116.90 p/a) are based on 2018 returns
Contact Agent to arrange a private inspection.
Disclaimer: The above information has not been verified. We advise you confirm the accuracy of details before entering into a contract. Prestige Property Agents and its employees cannot be held responsible for any inaccurate details supplied here. Buyer/s must do their own due diligence regarding drawings, floor plans, council approval and measurements etc. these have not been verified by Prestige Property Agents.
- Land is 723 m²
- Floor Area is 723 m²