Backpackers with Development Potential

  • PRICE:
    7,000,000 AUD
  • ASSET ID:
    2564236
  • LOCATION:
    Australia - QLD

LOCATION DETAILS

Surfers Paradise

PREFERRED TRADE

Cash or Trade

KEY FEATURES

DESCRIPTION

A long-running Surfers Paradise backpackers’ hostel on three blocks zoned for high-rise development
Backpackers in Paradise occupies 1,546 sqm site with dual street frontage to Leonard Avenue.
the site comprised three lots and offered two street frontages, with views over Main River to the north,
and would suit a boutique development while providing the owner with immediate holding income
through the hostel. The site currently accommodates a popular 200-bed backpackers’ resort
accommodation. It is zoned for high-density residential development under the Gold Coast City Town
Plan, and also sits within the ‘HX’ height overlay allowing for virtually unlimited height potential.
Purchase Price $7m and the vendor will accept other property as part payment.

 

 

Disclaimer: The information contained herein is obtained from owners and/or relevant and legitimate third-party sources. We have, in preparing this information, used our best endeavours to ensure that the information is true and accurate however, we accept no responsibility, offer no guarantee or warranty and disclaim all liability in respect of any errors, omissions, inaccuracies or misstatements that may occur. Interested parties must rely solely on their own inquiries to verify the information contained herein

 

Agent

Richard George - Ph: 0414 737 339

Contact Agent