42 Nerang Street Southport, QLD 4215

The Cecil Hotel is an quality asset and should tick all the boxes for your next investment.

• Strong ASX listed anchor tenant underwriting nearly 70% of the income stream
• Current Net income approx $923,000
• Value underwritten by approx. $12 million in pokies authorities
• Future development upside to convert this two-storey building into a multi storey mixed use mega structure
• Prime corner location in the heart of a priority development area
• Located in the second largest city in Queensland
• New Roof and maintained building
• Fully Leased with a mixed use of tenants to ensure income diversity
• Growing catchment area
• Rapid and easy access to public transport (rail and bus)

When coupled with the owner's motivation to sell (ill / aging health), we are confident in receiving multiple offers so act swiftly or risk missing out.

We have endeavoured to include as comprehensive a due diligence package as possible however if you have any queries, please don't hesitate to contact us.