Coolangatta, Queensland

2231DS - Development Opportunity Walk to Coolangatta Airport

SOLD

Business Description

* Calling all developers - here is an amazing opportunity
* Height of guarantee 8 storey - potential 11 storeys
* Over 1,600m2 land with Pacific Ocean views
* Currently freehold motel in good condition, 3 units and large house
* 2 minute walk to North Kirra beach
* 5 minute walk to Airport terminal or Southern Cross University
* Has a history of part time management
* This is the time to strike as the Southern Gold Coast is screaming out for student accommodation, backpackers or 4-5 star hotel development

Do not miss out! The Gold Coast currently has over 12 million visitors per year and this property is located perfectly being close to the International Airport, the beach and M1 link road.

The site fronts Golden Four Drive and is one block from the North Kirra Surf Club and the beach. Across the road, approx. 2 mins drive is the Airport and Southern Cross Uni. Coolangatta Airport has undergone major redevelopment and now has major international airlines flying directly to all major Australian cities, Asia and beyond.

With a host of local events such as Australian Surf Life Saving Championships, Cooly Rocks and the Quicksilver Pro Surfing being conducted locally, the southern end of the Gold Coast is already a major tourist drawcard and that is only going to continue to grow.

The owners are realistic and the time to purchase is now! Call now to get further information and a comprehensive IM.

Turnover $480,000 plus

Contact Tony Johnson from Tourism Brokers for further information or to arrange an inspection.

Property ID: 2231DS (quote when enquiring)

Property Code: 2501

Business Summary

Marketing Agent
Tony Johnson
Tony Johnson

Key Investment Insights

AI generated. Confirm details with the seller.

1. Development opportunity with potential for 8-11 storey building
2. Prime location with Pacific Ocean views
3. Currently a freehold motel with 3 units and large house
4. Short walk to North Kirra beach and Coolangatta Airport
5. Ideal for student accommodation, backpackers, or 4-5 star hotel development
6. High demand for accommodation in the Southern Gold Coast area
7. Close proximity to major events and tourist attractions
8. Realistic owners and opportunity to purchase now
9. Turnover of $480,000+
10. Contact Tony Johnson from Tourism Brokers for further information or to arrange an inspection.
Listing location

This Business is sold

Listing Tools

Management Rights

STAY UP TO DATE

Receive new listing alerts

Sign up

Industry news from AccomProperties

Similar Motels For Sale

You may also like

Palm Cove Paradise at an affordable Price
FREEHOLD GOING CONCERN – ESTABLISHED BOUTIQUE MOTEL IN YEPPOON
Absolute Beachfront Lifestyle Business – The Shores, Mackay
A FANTASTIC FREEHOLD HOTEL & MOTEL OPPORTUNITY! - 157HF
Simple Duties with Spacious, Quality 2 Bed Residence - ID 9245
Dargo Motor Inn. Freehold & Business.
Freehold Motel & Caravan Park Delivering Exceptional Return With 83% Growth | Resort Brokers ID : FH009388
RARE SHORT-TERM FOCUSSED OFF-THE-PLAN MANAGEMENT RIGHTS IN BURLEIGH HEADS | RB ID : OTP009438
A Port Douglas Original – Genuine, Welcoming and Distinctively Different
A Coastal Management Rights Opportunity in Mooloolaba Circa 30% R01
Secure 22-Year Freehold Investment backed by long-term secure lease. | Resort Brokers ID : INV009412
Off The Plan Business-Only in inner-city fringe with projected $177k+ Net profit | RB ID : OTP009406
EXCEPTIONAL LIFESTYLE WITH A SIMPLE COMMUNITY BASED COUNTRY PUB IN THE MIDDLE OF TOWN - 52HF
GOLDEN OPPORTUNITY, THRIVING LEASEHOLD MOTEL FOR SALE IN PRIME LOCATION - 1033ML
FREEHOLD GOING CONCERN MOTEL WESTERN QLD
OUTSTANDING OFF THE PLAN MIXED-USE MANAGEMENT RIGHTS - $1.6M+ PROJ. NET PROFIT | Resort Brokers ID : OTP009440
Whitsundays Management Rights, $314,779 Net Profit, 20 Years Security | Resort Brokers ID : MR009437
Long-Term Income Security – Established Management Rights | 18.6% ROI