29 Mooloomba Road, POINT LOOKOUT 4183
Food/Hospitality for sale
Mixed Use Strata Shopping Village + Restaurant For Sale
Ray White Commercial Bayside, are pleased to offer to market "The Look Shopping Village", which encompasses 7 Strata Titled Mixed Use Development situated in the Point Lookout Centre Zone. This Island Icon comprises two separate buildings separated by a central parking area.
Each building benefits from large residential unit on the top floor while the Eastern building has 2 shops on the ground floor and the Western building has 3 shops on the ground floor. The Building is strata titled under a Building Units Plan and each unit plan and unit shop has an individual title.
and#10146; 7 Strata Titled Mixed Use Shops and Residential Apartment/Units
and#10146; 5 Commercial Units ( Shop 5 Can be offered as Vacant Possession or Lease)
and#10146; 2 Luxury Residential First Floor Apartments/Units.
and#10146; Property Currently has approximately 55% Site Cover therefore has potential for value add opportunity to add additional storeys to both residential apartments
and#10146; All shops are leased including the Restaurant, News Agents, Sandwich Bar and massage. Rear Shop occupied by owner for office use, which can be offered as vacant possession or 5 year lease back.
Shop 1 - Look Beach Bar Caf/ 5x5 Year Lease / 160m2
Shop 2 - Point Lookout News / 5x5 Year Lease 80m2
Shop 3 - 2 Dlite Sandwich Bar / 3x3 Year Lease 43m2
Shop 4 - Massage 7 Well Being/ (Month/Month) 43m2
Shop 5 - Vacant (Owners Use Office) 43m2
Luxury Appartments -
Unit 6 - 5 Bedrooms, 2 Bathrooms, Lounge, Dinning and Kitchen
Unit 7 - 3 Bedrooms, Ensuite/Bathroom, Lounge Dinning Room and Kitchen.
and#10146; Units have large balconies with expansive Ocean Views
and#10146; One of the most unique property locations on the east Coast of Australia.
and#10146; North Stradbroke Island has from Point Lookout, views of the ocean, the Whale Watching season, local Dolphins to swim with.
The Business -
and#10146; 7 Day per week Trade Summer Months
and#10146; 5 Day per week Trade Winter Months
and#10146; Break Fast and Lunch Trade Winter Months
and#10146; Break fast Lunch and Dinner Trade + Entertainment for the Summer Months
and#10146; Sales in excess of $1,200,000 PA
and#10146; Fully Fitted Commercial Kitchen
and#10146; Long Term Staff in Place
and#10146; Fully Managed
To be Sold to new owner assigning the lease or owner occupier with Freehold
Prices Starting From $260,000 For Strata
Business $450,000 + SAV
- Business Category: Food/Hospitality
- Business Sub Category: Restaurant