Sold

11055MR - Huge potential in Surfers

SOLD

Huge potential for growth with many units handled by outside agents, plus there is natural growth now that the light rail is complete.
A new buyer could increase the size of the manager's unit as presently it is two separate units
This building is well positioned on the Gold Coast Highway, close to tram stops and a short walk to the beach and shops.
This is an accommodation business with a magnificent lobby area, all real estate including office on title, exclusive use of store rooms, lots of storage space and a growing income
Would suit a working couple who could resume the $50,000 now spent on wages which would take the effective net profit to $590,000
Has been run by the same owners for 10 years who now need a change.

Net profit $539,914

Contact Gerard Dixon from Tourism Brokers for further information or to arrange an inspection.

Property ID: 11055MR
Price SOLD
Location Surfers Paradise
Property ID 11055MR
Category Management Rights, Resort, Motel

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