FREEHOLD INVESTMENT AND DEVELOPMENT OPPORTUNITY IN ICONIC LOCATION
Located in the heart of a popular hinterland tourist destination and currently operating as a profitable Art Gallery, the property offers investors immediate cash flow from the business and the potential to pursue further opportunities with the freehold including the division of the building into two separate tenancies as well as further development of the large block.
Highlights:
* Business and freehold package with immediate returns and development potential.
* Renovated character Queenslander set on 956 m2 block in the Main Street to develop or landbank
* Flexible floor plan allows for potential division into two separate tenancies if needed.
* Straightforward and transparent consignment model means excellent income from loyal artists.
* Original business founded more than half a century ago - just three owners over five decades.
* Owners work in the business only four days per week offering fantastic work life balance.
* Regular events, exhibitions, and demonstrations with high engagement rate.
Key Financial Information:
PEBITDA: $221,301
Asking Price: $1,350,000 WIWO
SDE Net Profit: $221,301
Broker: Ruth Holland
Our Reference: SC00507
To learn more about this unique opportunity and receive our Information Memorandum please complete our quick online confidentiality agreement by clicking the navy ENQUIRE NOW button at: linkbusiness.com.au/business-for-sale/SC00507.
Keywords: Queensland, Sunshine Coast, artwork, painting, drawing, oil paintings, paint, print, sculpture, modern art, limited edition, canvas, bronze, statue, property investment, land, building, leasehold, art gallery
Ref: SC00507