Businesses for Sale in Gold Coast

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Commercial Land for Sale in Gold Coast, Australia

For Sale: Commercial land of 4,000 sq mt located in an attractive tourist area.
Selling a block of service apartments of 43 x2 bed units in Gold Coast, Queensland at AUD 20 million. The planned project can have two buildings with each having 43 service apartments. The resort land was bought in 2015 and is ready for construction. Have acquired development approvals from Gold Coast city council to construct two blocks of serviced apartments. As per our plan, 43x2 bed serviced apartments is to be built by constructing a 5 storey building. The location is attractive and close to Dreamworld, Movie World, Westfield shopping centre, world class yacht precinct and yacht club, adventure activity centres and water sports facilities which attracts a lot of tourists. 5 payment terms according to construction & fee progress, and one title of the entire building is registered when the first payment is received and to be transferred after 2 year construction time. After completion of the project in 2 years, they can start renting out the serviced apartments to tourist to generate revenue. Business owned assets as a part of the full sale include land and legal entity. Pictures attached in the profile are planned layout of the rooms and facilities.
For Sale: Commercial land of 4,000 sq mt located in an attractive tourist area.
7.7   Gold Coast
Run Rate Sales
Nil
EBITDA Margin
Nil
Business for Sale
AUD 20 Mn
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