Gold Coast Motel with Freehold Title Manager's Unit
Gold Coast Motel with Freehold Title Manager's Unit
Gold Coast Motel with Freehold Title Manager's Unit
Gold Coast Motel with Freehold Title Manager's Unit
Gold Coast Motel with Freehold Title Manager's Unit
Gold Coast Motel with Freehold Title Manager's Unit
Gold Coast Motel with Freehold Title Manager's Unit

Gold Coast Motel with Freehold Title Manager's Unit

$960,000 Or Near Offer

This is a unique motel operation of self-contained Strata Titled Apartments which includes a salary for managing the units ranging in size from studios to one and two bedroom apartments plus several other income streams!

Key Features

  • Exceptionally high net profit to purchase price ratio, and includes Freehold Title apartment.
  • Broadwater location at Labrador, walk to beach at northern end of the Gold Coast.
  • 32 apartments in letting pool operated as a motel business.
  • Includes managers salary plus commissions and profits on trading.
  • Prominent three street frontage, highly visible with easy access.
  • Studio, one and two bedroom self-contained Strat Titled apartments.
  • Managers Strata Titled two bedroom plus office unit includes undercover private courtyard.
  • Huge swimming pool and separate undercover BBQ entertaining area.
  • Perfect business with freehold title security for a couple looking for beach lifestyle.

 NB: Property inspections are by appointment only

Key Details

Listing Ref: LH004177
Property Type: Motel
Region: QLD - Gold Coast
Suburb: Labrador
Sale Type: Leasehold
Net Profit: $186,353
Price: $960,000 Or Near Offer

Location

Listing Agent(s)

Agent Feedback

Without Ian's negotiating skills the sale of Horizons Resort would not have got across the line! I would like to take this opportunity to thank you for your assistance and would have no hesitation in recommending Ian Dore or Resort Brokers to any interested persons in the future.

- Ian Barry
Previous Owner,
HORIZONS RESORT