Major Re-development Potential - Backpackers Resort + 9 x 2 bedroom unit Block

* Genuine Retirement after 30+ years.
* Zoned High Density Res (HX) Unlimited Height
* Land Area of 2109m2 with road frontage of 60m approx.
* Currently 110 Bed Backpackers Resort.
* Neighbouring Crown Plaza Hotel.
* Direct Access to Light Rail
* Located approx 5 minutes to Cavill Ave, Star Casino, Broadbeach Mall and Pacific Fair.

On behalf of the Vendors we are pleased to offer for sale the original Surfers Paradise Backpackers Resort & annexed 9 unit apartment block.
The holding is currently being offered as vacant possession whilst being operated by the family in the interim.

The subject property offers an outstanding opportunity for re-development within a High Density Zoning and unlimited height restrictions.
This ideal location of the Surfers Paradise Backpackers Resort is within a minutes’ walk to the beach’s which boundaries Surfers Paradise & Broadbeach.

Centrally located in between the Broadbeach Entertainment Precinct and Surfers Paradise Entertainment Precinct, makes this an ideal opportunity for future development or continued short term accommodation uses.
STCA this offers significant development potential for the following uses;

* Hotel.
* Serviced Apartments.
* Commercial & Retail uses.
* Landmark Apartment Building.

For Further Information on this exciting opportunity please contact Brad Merkur on 0414 389 300 or bmerkur@fncqld.com.au


DISCLAIMER: We have in preparing this advertisement used our best endeavours to ensure the information contained is true and accurate, but accept no responsibility and disclaim all liability in respect to any errors, omissions, inaccuracies or misstatements contained. Prospective purchasers should make their own enquiries to verify the information contained in this advertisement

Overview

Type Sale
Price Offers To Purchase Closing 12/07/2019
Floor Area 2109.00 m2
Land Area 2109.00 m2

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