Freehold Investment Opportunity - 6.6% net return - Runaway Bay Gold Coast

Freehold Investment Opportunity - 6.6% net return - Runaway Bay Gold Coast

AU$975,000.00Price

Great opportunity for an enthusiastic buyer to purchase the Freehold only of a highly successful restaurant. Located in a great busy suburb, situated on the Gold Coast.

 

The award winning restaurant is very well established with the current owner operating for over 15yrs. This boutique CBD Shopping Centre Building has just received a complete paint job and roof restoration.

 

New 4 year + 4 year + 4 year lease in place at $65,000 per annum plus gst , plus all outgoings.


•    Owner wants to remain as the tenant
•    Vendor Finance available
•    Owner has owned the freehold since 1984.
•    Excellent full commercial Kitchen including large undercover alfresco dining area (37m2)       accompanied with a large modern fitted out Bar & Restaurant (101m2)
•    Proven history with solid returns 
•    New Lease 4x4x4 with current operator 
•    Ideally located in the bustling Northern Gold Coast 
•    Busy intersection with loads of passing traffic
•    Strata Title property
•    Venue seats 75 people
•    Free Car parking 
•    Corner Location
•    Air Conditioning
•    Fully Licensed
•    Functions
•    Enclosed Alfresco dining
•    Disabled Access
 

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