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.