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Ray White Commercial - Gold Coast

26-28 Peninsular Drive Surfers Paradise, QLD 4217

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26-28 Peninsular Drive,
Surfers Paradise, QLD 4217

Hotel & Leisure

Price information

Sold

$3,900,000

Key property information

Land area

Floor area

Tenure type

Sold on

0412 *** ***
Ray White Commercial - Gold Coast
26-28 Peninsular Drive
Surfers Paradise, QLD 4217
Ray White Commercial - Gold Coast
Michael Willems

Ray White Commercial - Gold Coast

Level 2, 50 Cavill Avenue
SURFERS PARADISE, QLD 4217

Map of 26-28 Peninsular Drive

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10YR + 5YR + 5YR LEASE –SURFERS PARADISE INVESTMENT – FANTASTIC FUTURE DEVELOPMENT SITE

* Net Income $288,000*p.a. (3% increase)
* Leased until December 2028 with 2 x 5yr options
* Demolition clause in place for future development
* Tenant pays all outgoings
* Land area 1,016*m2 with 36*m2 of street frontage
* Operated as one of the Gold Coast's most successful backpacker resorts for over 20 years
* Walk to Surfers Paradise Beach
* Walking distance to cafes, restaurants, shops, G-Link & Surfers Paradise CBD
* Owners determined to sell

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Property ID: 502591902Last Updated: 23 Jun 2019

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Ray White Commercial - Gold Coast
Ray White Commercial - Gold Coast
Level 2, 50 Cavill Avenue
SURFERS PARADISE, QLD 4217
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Michael Willems

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Michael Willems
Ray White Commercial - Gold Coast
26-28 Peninsular Drive Surfers Paradise, QLD 4217

Hi,
I’m interested in this property. Could you please provide me with more information.

Kind Regards,

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  • Michael Willems

    Michael Willems

    Ray White Commercial - Gold Coast
    0412 *** ***