Centrally located holiday letting freehold within a ‘High-Rise precinct’ allowing redevelopment up to 30 storeys high
Total highrise land area is 833m2 incorporating 8 x 3 bed + 1 x 2 bed apartments, inground pool all recently renovated
Property can be purchased with or without business as current management will ‘lease back’
Lease offered is 5 years + 5 year option with demolition clause allowing redevelopment – annual rent of $375,000 nett
Multiple opportunities to acquire a position perfect stake in Surfers Paradise for an ongoing business and freehold or redevelop

Damian Hall
0422 637 796
damian.hall@raywhite.com