40 Peninsular Drive, Surfers Paradise, QLD, 4217
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WE ARE PLEASED TO OFFER THIS CENTRAL POSITIONED DEVELOPMENT SITE FOR SALE. This land parcel consists of three blocks (opportunity to also buy a fourth block) in the heart of Surfers Paradise.

It is currently used as an operating backpackers and is only 300m from CAVILL AVENUE and 600m from the BEACH. Representing a 36 metre frontage with two street access. Liquor License, inground pool, restaurant and rooms.

The Gold Coast has always been a tourist destination but its rapidly increasing permanent population reflects an increasing trend of discerning owner occupiers moving to the region, attracted by its climate, lifestyle and facilities. This site lends itself to both markets due to its prime location.

Investment Features Include:
- 1,546m2 - approx site area (Can be increased to over 2,000 m2)
- Option for a lease, owner occupier or vacant possession
- Zoned for high-rise with an unlimited height limit
- Zoning RD7 (1 bed per 25m2 on net site area)
- Two street frontages with North facing views over the Main River
- Development sites with a temporary cash-flow are limited
- Backpacker business is 35 years old and holds a liquor license
- Genuine Owner ready to retire and sell

Contact Jamie Bourke on 0417 077 277 or Simon Robertson on 0449 951 772 for all enquiries.

Disclaimer: BOURKE Commercial 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 Limited Interest Pty Ltd ATF FNC Trust t/a BOURKE Commercial 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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