10YR + 5YR + 5YR LEASE ?SURFERS PARADISE INVESTMENT ? FANTASTIC FUTURE DEVELOPMENT SITE
26-28 Peninsular Drive, Surfers Paradise, QLD 4217
* 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
Michael Willems(07)55558661