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87-97 Broadwater Avenue Hope Island, QLD 4212

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87-97 Broadwater Avenue,
Hope Island, QLD 4212

Hotel, Motel & Leisure

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15 Year Net Lease to Liquorland - Hope Island Tavern, Gold Coast

  • Long lease to Wesfarmers owned co.
  • Lease to 2029 + options until 2069
  • Further development potential
Colliers International are pleased to present for sale the Freehold Investment interest in the Hope Island Tavern, Hope Island, Gold Coast.

The Hope Island Tavern is fully leased to Liquorland, a Coles subsidiary, one of the largest national liquor retailers and most successful hotel operators in Australia.

Key investment considerations include:
• Blue chip freehold investment with long lease to Liquorland
• Coles is 100% owned by Wesfarmers Ltd
• 15 year lease to July 2029 plus eight 5 year options
• Land: 9,982m², GFA: 1,565m²
• Current net income of $639,526pa (as at 15/07/15)

For sale by Expressions of Interest.

Property ID: 501745566Last Updated: 12 Apr 2017

07 5588 02...
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87-97 Broadwater Avenue
Hope Island, QLD 4212
Colliers - Gold Coast
Level 2 Circle on Cavill, 3184 Surfers Paradise Boulevard
SURFERS PARADISE, QLD 4217
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