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Amazing Gold Coast Hinterland Business (Function Centre & Property)
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Price:
$400,000 (Business)
$2,050,000 (Property)
Unique hinterland business and acreage property offered for sale… Absolutely Brilliant!!!
1.62 hectares of beautifully maintained grounds that includes a function/reception and catering venue, guest cottages, an open chapel, outdoor bar, self contained caretakers cottage and a 3br main residence with in-ground pool.
There is also a beautiful lake in the centre of the property.
Operate the function centre only for a ROI of 9.9%
Operate the accommodation only for a ROI of 7.85%
Combined ROI of 18.15% on a projected average annual net profit of $444,587!!!
Development approvals were previously in place for an additional main residence and more cottages.
Well situated within close proximity to a recreational golf course.
There is a nearby school, post office, local shops, bus service. Also nearby is Robina Town Centre.
Currently experiencing the beginning of the function season! Take over now and profit! Forward bookings in place deep into 2011…
Offered for sale at $2,050,000 (property only) + $400,000 (business only)
Contact John Kyriazis for a confidential profile/ information memorandum on the above numbers.
Sales Revenue PA:
Refer to Broker
Listing:
#10366
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