Address available on requestTweed Heads, NSW 2485
$720K excl GST
TWO LEVEL FULLY FURNISHED GENTLEMENS CLUB
ANY property investors out there seeking a unique venture - providing a net 8.5 % return - where their tenant has a steady income stream and repeat clientele - might want to consider adding a licensed brothel to their portfolio.
Situated in a quiet and discreet estate in Tweed Heads South lies this opportunity for a high yield chasing investor to secure a fully fitted, full 24 hour license to operate and approved ADULT Entertainment freehold property.
The property has most recently been fully fitted out over 2 levels with over $500K spent. It has an area of approximately 600m2. The property offers 7 ensuited bedrooms (all with spa baths), monitored security system with CCTV cameras, multiple additional amenities with separate staff, working and patron areas, 3 waiting rooms, lounge bar and reception. Ample discreet parking is provided on site.
Ideal location in a discreet building, close to arterial roads and the M1 Motorway, 10 minutes to the Gold Coast International Airport. This freehold property is for sale inclusive of all fixtures, fittings, equipment and the 24 hour approved license to operate.
- 600 sqm of internal floor space spread over 2 levels
- Trading 7 days, 10am - late (licensed to trade 24/7)
- High quality and professional renovation recently completed
- Well maintained and set up
- Disabled access
- Fully fitted out
- Exclusive on-site parking
- Intercom surveillance
- Long standing location with regular clientele
- Operates under NSW Legislation
This is a rare opportunity to purchase a well established Northern NSW brothel freehold property where all the hard work has already been done. The property has excellent decor and presentation minimizing any immediate improvements required by the new owner.
Information about this property will only be disclosed after signing an NDA and applicants will be heavily vetted. For a confidential discussion please contact Exclusive Marketing Agent, Peter Antony, DJ Stringer Property Services.
All information contained herein is gathered from sources we believe to be reliable. DJ Stringer Property Services Pty Ltd and its staff will not be held responsible for any act or omission arising from the accuracy of such material.
We cannot guarantee its accuracy and interested persons should rely on their own enquiries.
Such enquires should include, but in no way limited & directed, to your legal representative, any local authorities, the Contract of Sale and in the event of a Unit, Strata Title or Community Title, refer to the Body Corporate, Community Management Statement & Disclosure Statement for any information on the property, Common Property & Exclusive use areas, that may directly or indirectly affect this property.
Property ID: 503182838Last Updated: 18 Jul 2019