Property Overview:
Discover a golden investment opportunity in the heart of the Gold Coast, 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 food lovers and enthusiasts. This prime commercial property is leased, currently in a 5 year term with a further option of an extended 5 years. making it an excellent addition to your investment portfolio.
Key Features:
1. Location, Location, Location:
Situated in the heart of Surfers Paradise, a thriving and cosmopolitan hub of the Gold Coast.
Benefiting from high foot traffic, excellent visibility, and easy accessibility with parking also within close reach to public transport including the tram and bus stop.
Surrounded by premium dining, shopping, and entertainment options.
2. Current Use :
A beloved local institution, this food establishment has become a success story on the dining circuit with over 200 seats with interior and alfresco dining areas Renowned for its fantastic food choices, a food lovers destination , and an inviting atmosphere, this venue has attracted locals and tourists for its dining choices.
3. Unique Space:
Inspired by the Persian influence, the decor is reminiscent of the Persian era showcasing built-in cabinetry, dining booths, tables and fixed seating with tables and chairs, and moody lighting. The spacious interior with seating for patrons, a large sit-down bar, and parquetry floor is exceptionally suitable for its current use, however it has grand possibilities. The property offers the opportunity to capitalize on the existing fit-out, 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 5-year option. Favourable market conditions and a growing demand for entertainment venues in the sought after Gold Coast.
5. Prime Real Estate:
Secure your investment in a rapidly growing area with potential . 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 Surfers Paradise, with a profitable award winning restaurant 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.
