429 Oxley Drive, Runaway Bay, Qld 4216

Hotel/Leisure
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Published on: 29 Sep 2024
Last updated on: 15 Oct 2024
429 Oxley Drive, Runaway Bay, Qld 4216
429 Oxley Drive, Runaway Bay, Qld 4216
429 Oxley Drive, Runaway Bay, Qld 4216
+8
429 Oxley Drive, Runaway Bay, Qld 4216
  • 8
Property ID: 504699756
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Key property information

Land Size
5,591.00 m2
Zoning
Medium Density Residential
Floor Area
5,591.00 m2
Tenure Type
vacant

The Gold Coast's Largest Motel Offered First Time In 30 Years

429 Oxley Drive, Runaway Bay, Qld 4216
CBRE Hotels have been exclusively appointed to offer for sale the freehold going concern interest in the Runaway Bay Motor Inn.
		
Investment Highlights:
- Prime Gold Coast accommodation market with limited entry opportunities, offered for the first time in 30 years.
- Largest freehold going concern motel in the region, with 41 rooms on a 5,591sqm site.
- Well-maintained motel featuring a restaurant, bar & function area, reception & office, guest laundry, swimming pool, manager’s residence and ample car park.
- Flexible management options with vacant possession, ideal for owner operation, rebranding, or leasing.
- Limited competition in the area, with high building costs reducing new supply.
- Potential upside through reopening facilities, refurbishing, rebranding, or alternative site uses (STCA).

		
For more detailed information regarding the property or to organise an inspection, please contact the exclusive agents.

Property Details

Basic Info

Property Type
Hotel/Leisure
Listing Status
On Market
Land Size
5,591.00 m2
Address
429 Oxley Drive, Runaway Bay, Qld 4216
Hayley Manvell
Hayley Manvell
Taylor Morris
Taylor Morris
Level 21, 363 George Street, Sydney, NSW 2000
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Email enquiry to CBRE - Hotels

Hayley Manvell
Hayley Manvell
Taylor Morris
Taylor Morris
Level 21, 363 George Street, Sydney, NSW 2000
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      Property ID: 504699756

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