Lot 101, 98 Alexandra Parade, Alexandra Headland, QLD 4572

Hotel/Leisure | Retail

Sold $8,000,000

  • Property ID: 431620
  • Floor Area: 934m²
Sold / Leased Results

Name Result Date Floor Land Result Price
Sold 17/07/2023 934m2 N/A N/A
PREMIUM TENANTED HOTEL INVESTMENT ON THE SUNSHINE COAST

~ Iconic Sunshine Coast property, offered to market for the first time in over 20 years

~934sqm* of hospitality and retail tenancies including Sports Bar, Bistro, Blue Bar & BWS Bottleshop

~ Leased to Australian Hospitality and Leisure Group (ALH) - one of Australia's largest operators of licensed venues until 2030, with 2 x 10 year options.

~ Fully leased net income of $681,513pa*as at 1 March 2023

~ Prime corner site across the road from Alexandra Headland beach


For Sale via CBRE National Property Auction Series to be held on 22nd June 2023 at CBRE North Sydney (Level 29, 179 Pacific Highway, North Sydney NSW 2060). Online & telephone bidding available.

For further information or to arrange an inspection, please contact CBRE.

*Approx
**Outline indicative only

Alexandra Headland Suburb Profile

Average Advertised Price
Property Type Price (m²) Rent (m²/p.a.) Yield
Industrial $1768 --- ---
Offices $6911 $407 5.88%
Retail $8565 --- ---
This is the average advertised price, rent and yield for Alexandra Headland, QLD 4572*
* Excludes, where applicable, GST, outgoings and incentives. Values calculated based on the prices advertised by the agencies that list their properties on Commercial Property Guide.

Property Detail Notes:

  • 3rd Party Content - The information displayed on this page is supplied by registered real estate agents and other third parties. For questions regarding the information that appears here please contact the agent that is listed.
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