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Back 2429 Gold Coast Highway
Off Market

2429 Gold Coast Highway

Mermaid Beach QLD 4218

11
10
8
817 sq.
Other
Paulette KoriacosPaulette Koriacos, last sold this property on 12 November 2023 after 265 days on market.

Overview

For Sale Motivated Vendor Says "SELL" The "Classic Motel' 300m From Millionaires Row Hedges Avenue Mermaid Beach

We are excited to offer for sale this great going concern motel ideally located in the absolute prime location of Mermaid Beach, this 817m2 allotment is perfect to build commercial on the ground with apartments above! The Classic Motel provides a current holding income and scope to create a boutique development in a highly sought-after location. Savvy investors and developers will recognise the opportunity the 817m2 parcel of land the motel sits on presents. Enquire now this property will be sold, contact us today for more information. - Operating Motel / Holding Income - 817sqm Corner Site - Zoned Medium Density RD5 - Building Height (3/15m) - 1 x 2 level, 8 Units - 3-bedroom Managers Unit - Including Managers Office/ Reception - Close proximity to Shops, Cafés and Restaurants - Swimming Pool - Current Rent from Lease: $114,300 PA - Freehold investment with low outgoings - Ability to exit lease with 3-month notice period - Prominent, highly visible main road location with easy direct access - Close proximity to Shops, Cafés and Restaurants Disclaimer: The above information has not been verified. We advise you confirm the accuracy of details before entering into a contract. Amir Prestige and its employees cannot be held responsible for any inaccurate details supplied here.

Features

11 bedrooms
10 bathrooms
8 carspaces
817 sq. lot size
Other

Estimated Value

We need at least 3 similar 11 bedroom other properties sold in Mermaid Beach over the last 12 months.

Property history for 2429 Gold Coast Highway

2023
Sold
Undisclosed
Private Sale/Treaty on 12 Nov 2023 by Paulette Koriacos, of Amir Prestige Mermaid Beach

Happy sellers in Mermaid Beach

91%
91% of sellers in Mermaid Beach reported that their sale price either exceeded or met their price expectations.

Mermaid Beach stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 62 reviews in Mermaid Beach over the last 12 months.

Local market activity for 11 bedroom other properties in Mermaid Beach

In the last 12 months, 1 numeral.11-bedroom other similar to 2429 Gold Coast Highway, have been sold.

Nearby agents

Compare and contact these top performing agents who’ve delivered exception customer service for their clients in Mermaid Beach

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Trent Hones

Trent Hones is an award winning recommended agent for Mermaid Beach.  They have 25 local sales and collected 18 local reviews across the last 12 months.

  •   5   (117 reviews)
  •  18 Reviews in Mermaid Beach
  •  25 Sales in Mermaid Beach
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Guy Powell

Sellers who recommend Guy Powell have praised them for being clear communication, local expert, friendly, honest, responsive, supportive and easy to work with

  •   5   (316 reviews)
  •  9 Reviews in Mermaid Beach
  •  9 Sales in Mermaid Beach
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Gypsea Youngsmith

Gypsea Youngsmith is a recommended agent for Mermaid Beach.  They have 3 local sales and collected 6 local reviews across the last 12 months.

  •   5   (32 reviews)
  •  6 Reviews in Mermaid Beach
  •  3 Sales in Mermaid Beach
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Paulette Koriacos

Paulette Koriacos is a recommended agent for Mermaid Beach.  They have 5 local sales and collected 5 local reviews across the last 12 months.

  •   5   (32 reviews)
  •  5 Reviews in Mermaid Beach
  •  5 Sales in Mermaid Beach
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