Freehold - Commercial - Shopping Centre Potential

Business Code: TTQJ1032


Key Features: Great potential

State: QLD

Suburb: Ashmore

Location: Well established Gold Coast residential area on busy road.

Description

Prime commercial property with long term tenants including a famous restaurant, wine bar, butcher, hairdresser, convenience store and fast food outlet. - The restaurant has approximately 3500 people going through it per week. - Guaranteed rent from long standing tenants. - The property also comes with accommodation - 3 bedroom house and a 5 bedroom apartment.

Summary

  • Features: Location - Location - Location Established 30 years. - Residence attached. - Includes leasehold restaurant.

  • Potential: Safe long term investment with good tenants and strong future growth. - The potential for hotel with pokies and/or food shopping centre.

  • Premises: This freehold has a total land area of 9000 m2. with approx. 2000 m2 of restaurant.

  • Trading Hours: 7 days - Restaurant and most tenants.

  • Lease: Freehold

  • Employees: 1 caretaker for the grounds, repairs and maintenance.

  • Comments: First time offered in 30 years, - Owner is retiring and keen to sell. Over the years the owner has been approached by hotels and major food chains because of this superb location. - Property includes restaurant valued at $3,000,000 - see also TTQJ1030 for Restaurant leasehold.

Weekly Summary

Weekly Takings
(inc GST)

$10,000

Net Profit

$10,000

Price

$13,000,000

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