FOR LEASE $650,000
3 1/2 Star, Southern Suburb of the Gold Coast
The leasehold purchase of a 13 unit motel with new 25 year lease term, large 2-bedroom residence, enviable location. The motel is a short 2 minute walk to Kirra Beach & Surf Club and directly opposite the airport. Facilities include WIFI, airport parking, airport transfers and luggage storage.
Turnover - $447,660
Annual Rental - $110,000
Nett Profit - $163,221