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20 Queen Street, SOUTHPORT, QLD 4215
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Property Highlights

26 Room Motel With DA - Substantial Income Potential

Scott Wells and Brad Merkur of Ray White Commercial Gold Coast are pleased to present this fantastic DA approved opportunity in the heart of Southport. With an ideal unobstructed north-facing aspect, the Broadwater views will be perfect for both an owner occupier or investment product.

• Approved development - 133 units over 14 levels

• Land area 1,743m2*

• Thriving Southport Precinct

• Direct access to Light Rail

• Neighbouring Sundale Shopping Centre

• Motivated vendor with clear instructions to sell!

An exciting opportunity to develop an owner occupier / investment product in the Southport Parklands location. The subject property currently houses Sundale Motel, comprising 26 self-contained rooms, with a projected gross income of circa $390,000* per annum.

For further information or for a copy of the Information Memorandum, contact the exclusive marketing agents, Scott Wells and Brad Merkur.

*Approx.

Disclaimer:

Ray White has not independently checked any of the information we merely pass on. We make no comment on and give no warranty as to the accuracy of the information contained in this document which does not constitute all or any part of any offer or contract by the recipient. Prospective purchasers / lessees must rely on their own enquiries and should satisfy themselves as to the truth or accuracy of all information given by their own inspections, searches, inquiries, advices or as is otherwise necessary. No duty of care is assumed by Orchid Avenue Realty trading as Ray White Surfers Paradise Commercial divisions toward the recipient with regard to the use of this information and all information given is given without responsibility.

Remember to mention you found this property on DevelopmentReady

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