1 Main Road Wellington Point QLD 4160

The iconic freehold landmark that is 1 Main Road Wellington Point is up for sale Lock Stock and Barrel!
A coastal favourite to generations of locals and visitors alike, after 56 years, the owners are ready to pass on the reins of this fully leased, mixed use property to the next owners.
This exciting commercial opportunity offers high exposure, fully leased commercial space with an established restaurant and take away plus two large upstairs residences - each with Moreton Bay views.
Having enhanced the buildings character throughout the years, the owners have always stuck to their guns with upkeep with the restaurant and take away handling busy indoor or alfresco dining - staying true to the extraordinary number of tourists that flock to 'The Point' and King Island.
Surrounded by water in three directions exciting development options abound on 742sqm of prime real estate.
Key highlights include:
Unrivalled corner position with substantial parking and easy customer access.
A low maintenance - easy care investment with options to redevelop.
Secure passive investment opportunities with future rental upside and predictable income growth.
Restaurant and Takeaway (272 sqm) with no direct, immediate commercial competition.
Two upstairs residences both north facing, open plan and with water views offering a mix of space and character throughout. Full length balconies capture winter sun and bay breezes and the interior boasts well-sized bedrooms and light filled living space.
Close proximity to major shopping, rail and Wellington Point Village.

For Sale via Expression of Interest'. Don't miss your chance to secure this outstanding property! For a copy of the 'Information Memorandum' or to arrange a private inspection please call Stephen on 0422 199 616 or Todd on 0438 993 121.