Property Overview:
Discover a golden investment opportunity in the heart of Broadbeach, one of the Gold Coast's most vibrant and sought-after precincts. Presenting a Commercial Property that is not just a place but a destination for music enthusiasts. This prime commercial property is leased, currently in a 3 year term with a further option of an extended 3 years. making it an excellent addition to your investment portfolio.
Key Features:
1. Location, Location, Location:
Situated in the heart of Broadbeach, a thriving and cosmopolitan hub of the Gold Coast.
Benefiting from high foot traffic, excellent visibility, and easy accessibility with parking in the nearby Oasis.
Surrounded by premium dining, shopping, and entertainment options.
2. Current Use :
A beloved local institution, this live music establishment has become a success story on the entertainment circuit. Renowned for its live music performances, a permanent stage, and an inviting atmosphere, this venue has attracted locals and tourists for its dining choices.
3. Unique Space:
Inspired by the prohibition years, the decor is reminiscent of the twenty's era showcasing built-in cabinetry, dining booths, tables and fixed seatings with tables and chairs, and moody lighting. The spacious interior with seating for patrons, a large sit-down bar, and dance floor is exceptionally suitable for its current use, however it has grand expansion possibilities. The property offers the opportunity to capitalize on the existing fit-out, or it allows for an easy expansion in conjunction with the property next door into a new venture or continuation of the existing tenant.
4. Investment Potential:
Strong capital growth and a reliable and successful tenant. Leased until August 2026 with a further 3-year option. Favourable market conditions and a growing demand for entertainment venues in Broadbeach.
5. Prime Real Estate:
Secure your investment in a rapidly growing area with potential for further development. Benefit from consistent rental income while the value of the property appreciates. Don't miss your chance to own a prime piece of commercial real estate in the heart of Broadbeach, with a profitable music hall generating substantial annual revenue. This is an exceptional investment opportunity that offers a blend of income and potential for capital growth. Contact us today to arrange a viewing and explore the possibilities this property has to offer.
For further information please give Bill Kolliou a call on 0409 954 238.
