Visit this listing at https://www.sbx.com.au/business?id=TQQ1157

Business Code: TQQ1157

Key Features: Prime beachfront location plus cafe and 2 apartments.

State: QLD

Suburb: Currumbin, 4223

Location: Beachfront access with ocean views situated amongst older styles and prestigious homes in one of the most sought after ocean front locations on the Gold Coast.

Description

Freehold beachfront commercial and residential property housing very popular cafe fully licensed with commercial kitchen and seating 80. - This building has ocean views and 1 x 1 bedroom + 1 x 2 bedroom apartment on the same title.

Summary

  • Features: Location - location - Prime piece of beach front real estate - Long time tenants. - Same owner for 28 years. - A rare opportunity.
  • Potential: Current cafe owner is prepared to sell (see TQQ1161) and new owner can renovate top part of the cafe and expand a larger space with a design to capture all the world class ocean views. - Build another level to increase value of apartments and the cafe.
  • Premises: Prime beachfront real estate with cafe, office and dry storage. - Building also includes 2 apartments with kitchen, lounge, bathroom and car space each. - Total land size area is 493m2.
  • Trading Hours: 7 days - 6.30 a.m. - 10 p.m.
  • Lease: New lease offered to new purchaser of cafe of 15 years ( 5 + 5 + 5 ) $4300 p.w. rent and $600 p.w. outgoings - Unit 1 - lease term periodic $370 p.w. - Unit 2 - 23rd April, 2020 - 22nd April 2021, $410 p.w.- Dry storage & office is paid separately on a month to month basis included with the total rent.
  • Employees: 2 owners
  • Comments:

Weekly Summary

Weekly Takings (inc GST)

$4,600

Outgoings

$961

Coffee Kilos P/W

35

Net Profit

$3,639

Price

$4,600,000

Contact SBX

NSW (02) 9439 4403

QLD / VIC 1300 366 655

Email sales@sbx.com.au

Freehold - Cafe - Bar - Apartments

Business Code: TQQ1157
Price: $4,600,000

Key Features: Prime beachfront location plus cafe and 2 apartments.

State: QLD

Suburb: Currumbin, 4223

Location: Beachfront access with ocean views situated amongst older styles and prestigious homes in one of the most sought after ocean front locations on the Gold Coast.

Description

Freehold beachfront commercial and residential property housing very popular cafe fully licensed with commercial kitchen and seating 80. - This building has ocean views and 1 x 1 bedroom + 1 x 2 bedroom apartment on the same title.

Summary

  • Features: Location - location - Prime piece of beach front real estate - Long time tenants. - Same owner for 28 years. - A rare opportunity.
  • Potential: Current cafe owner is prepared to sell (see TQQ1161) and new owner can renovate top part of the cafe and expand a larger space with a design to capture all the world class ocean views. - Build another level to increase value of apartments and the cafe.
  • Premises: Prime beachfront real estate with cafe, office and dry storage. - Building also includes 2 apartments with kitchen, lounge, bathroom and car space each. - Total land size area is 493m2.
  • Trading Hours: 7 days - 6.30 a.m. - 10 p.m.
  • Lease: New lease offered to new purchaser of cafe of 15 years ( 5 + 5 + 5 ) $4300 p.w. rent and $600 p.w. outgoings - Unit 1 - lease term periodic $370 p.w. - Unit 2 - 23rd April, 2020 - 22nd April 2021, $410 p.w.- Dry storage & office is paid separately on a month to month basis included with the total rent.
  • Employees: 2 owners
  • Sale Reason: Family reasons
  • Comments: A once in a lifetime rare opportunity to own one of the best commercial & residential freehold beachfront locations on the Gold Coast. - Contact broker Amna Jusic on 0404078923 or by email amna.jusic@sbx.com.au. for full details.

Disclaimer: Please note that the business information provided may be affected by COVID-19. Please speak to your broker for more information.

Weekly Summary

Weekly Takings
(inc GST)

$4,600

Outgoings

$961

Coffee Kilos P/W

35

Net Profit

$3,639

Price

$4,600,000

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The information contained on each individual business for sale has been gathered from the vendor or landlord and/or professional service providers and is believed to be accurate and current as at the date of publication. SBX Business Brokers provides no warranties of any nature are given, intended or implied and prospective purchasers must rely on their own enquiries and should verify the accuracy of information before proceeding.