Situated in Australia’s premier tourist destination this unique opportunity has come available to acquire this well established multi award winning Motel/Backpackers with re-development potential.
The opportunity consists of 2 separate freehold properties being sold together as a going concern but with considerable re-development uplift as follows:

‘SURF & SUN’, 3321 SURFERS PARADISE BOULEVARD

Site Area: 849sq metres

Consists of a Motel/Backpackers incorporating a fully licensed Hostel catering for International travelers. The property occupies a prominent corner position.

The accommodation is as follows:

- 16 x Bedrooms each with 6 beds (96 Beds)
- 3 x Staff Bedrooms
- TV Lounge, Communal Kitchen, Fully Licensed Bar, Pool area with Decking
- Reception + Offices

LOTS 1-4, 3329 SURFERS PARADISE BOULEVARD

Site Area: 435sq metres

Being 4 x fully self contained short stay motel apartments in conjunction with the Surf & Sun, guests have full access to the Motel facilities.

Each apartment consists of:
- 2 Bedrooms, Lounge/Kitchen, Bathroom, Parking
- Total Income for 2013/14 is $982,000 (Incl GST)

The properties come under Surfers Paradise local plan RD8. This allows for a High Rise Residential Precinct subject to council DA but without Public Notification.

Relaxation of parking requirements will be considered due to the close proximity to the Light Rail Station.

Located on the corner of Surfers Paradise Boulevard and Ocean Avenue just 50m from the beach, 200m to central Surfers Paradise and directly opposite Surfers Paradise North Light Rail Station, this is an opportunity not to be missed.

For further details, please contact exclusive agents Roland Evans 0433 305 507 and Greg Harris 0414 326 858.