Landmark Surfers Paradise pub divestment a golden opportunity for investors
Contact
Landmark Surfers Paradise pub divestment a golden opportunity for investors
In another sign of strength for the Gold Coast hotel sector, the divestment of the D’Arcy Arms hotel motel near the landmark Jewel development offers a high-profile development site overlooking one of Australia's most famous beaches.
-
Savills HotelsD’Arcy Arms hotel motel. Indicative Outline Only. -
Savills HotelsD’Arcy Arms hotel motel. -
Savills HotelsD’Arcy Arms hotel motel.
Fronting the Gold Coast Highway one block back from arguably Australia’s most recognisable beach, the D’Arcy Arms hotel motel has been listed for sale by leading Savills Hotels broker Leon Alaban.
Alaban told The Hotel Conversation, “The site offers excellent exposure via its main highway frontage and site area of over 3,000 square meters, with the opportunity for additional income through use of the adjoined vacant site.”
“The freehold going concern sale also offers close proximity to light rail, tourist attractions and one of Australia's most famous beaches.”
“The high-profile site with three street frontage has the potential for a variety of developments subject to council approval.”
"Operated under management, the pub is suited to any operator, multi-venue group or quasi hotel developer with a number of facilities including bar, restaurant, beer garden, DOSA, 17 motel rooms, reception and pool & deck area," concludes Alaban.
To discuss the sale in further detail, phone or email Leon Alaban of Savills Hotels via the below contact details.
Click the below links to view other articles relating to the Gold Coast.
Gold Coast hotel market boom ahead of Commonwealth Games
Sheng-Lan Group's Gold Coast twin tower hotel development approved
