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Modern 13 room freehold motel by the water, on the Gold Coast | Resort Brokers ID : FH008496
Expression of Interest
Motel (Freehold) hospitality, LABRADOR QLD
ResortBrokers exclusively presents a unique opportunity to acquire a freehold motel only metres to the beach on the Gold Coast. This modern establishment sits on a prime 1,111sqm landholding zoned High Density Residential (up to 53 metres) next to the stunning Broadwater. The motel features a spacious three-bedroom manager's residence allowing the option for for further revenue.
We are seeking all expressions of interest until 5pm 22 November 2024, if not sold prior.
- Prime 1,111sqm (HDR) landholding in close proximity to the Gold Coast Broadwater.
- Spacious three-bedroom manager's residence included.
- Strategically positioned on a main thoroughfare, ensuring visibility yet maintaining privacy.
- Convenient access to Harbourtown and Australia Fair shopping centres.
- Situated in a rapidly developing region of the Gold Coast.
- Located just steps from the Broadwater.
- Potential future redevelopment opportunity (STCA).
- Modern structure and recently renovated.
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Inspections are strictly by appointment only
Date updated: 22 Dec 2024 22:00:04
More Information
- Total Purchase Price: Expression of Interest
- Net Income: $ 321,501
(actual)
This is the combined total income acheived by the business after expenses, before tax. - Included Real Estate: $ 0
The value of on-title property included with the business. Its price is included in the Total Purchase Price. - Multiplier: undisclosed
This is the approximate number of years the business' revenue would pay for the business component.
Number of units the manager is authorised to manage.
Number of units resided in by their owners.
Number of units owners are not renting out, but also do not live in.
Number of units being rented by other agents (these could potentially be acquired by the manager).
The total number of units within the complex.
This is the body corporate caretaker salary. It is included in the Net Income above.
How long is the caretaking contract.
How long remains on the caretaking contract before it must be renewed?
How long has the management rights existed.
Are there any set office hours stipulated in the contract?
The value of on-title property included with the business. Its price is included in the Total Purchase Price.
Is there a manager's office included on the title?
Can the manager own a pet on site?