BEGIN:VCALENDAR PRODID:-//commercialrealestate.com.au//NONSGML ical.net 4.0//EN VERSION:2.0 BEGIN:VEVENT DESCRIPTION:Deceased Estate - Rare Palm Beach Commercial Holding - Must Be Sold!\nTravis Miller from Coastal Commercial is pleased to offer this ex ceptional opportunity for an owner occupier looking to occupy a commercia l space in a prime growth area or a savvy investor looking to capitalise on the gentrification of Palm Beach. \n\nPerfectly positioned in the tigh tly held Eighth Avenue commercial precinct\, just moments from the sand a nd surf of Palm Beach\, 13/2 Eighth Avenue presents a rare opportunity to secure a ground-floor commercial asset in one of the Southern Gold Coast 's most in-demand beachside locations.\n\nCurrently occupied by the well- known Golden Pine Chinese Restaurant\, a long-standing Palm Beach tenant with a strong local following\, this 73m²* commercial tenancy offers imme diate appeal for investors\, future owner-occupiers and buyers seeking a strategic foothold in a high-growth coastal precinct.\n\nThe property for ms part of a busy cluster of established commercial tenancies\, positione d within the heart of Palm Beach and under 100m* to the beach. With excel lent accessibility\, strong surrounding amenity and a central location ju st off the Gold Coast Highway\, this is a highly practical and versatile holding suited to a range of commercial uses.\n\nInternally\, the tenancy is currently configured as a restaurant and food premises\, complete wit h a large dining area\, front counter/service space\, commercial-grade ki tchen facilities\, chiller and both front and rear access. The existing f it-out provides a highly functional setup for hospitality operators\, whi le also offering flexibility for future business use\, subject to relevan t approvals.\n\nA major point of difference is the underlying location an d planning framework. The broader site sits within a rare Palm Beach pock et with RD7 density and a 39m* height limit\, further strengthening the l ong-term appeal of this tightly held commercial position. \n\nOffered to the market as a deceased estate\, the instructions are clear. The estate is seeking a quick sale and invites all offers prior to auction. This pro perty must be sold on or before auction day.\n\nWhether you are looking t o add a blue-chip beachside commercial asset to your investment portfolio \, secure premises for your own business\, or acquire a rare Palm Beach h olding with strong long-term fundamentals\, this is an opportunity that d emands immediate attention.\n\nOutgoings (per annum approx*) \nCouncil Ra tes $3\,894\nWater Rates $2\,188\n\nLease Details (per annum) \nCurrently a periodic lease\, Month to month basis \n$34\,083.36 + GST \n\n(Option to resign the lease at market appraisal ($51\,000 + GST + Outgoings) \n\n Key Features\n• 73m²* ground-floor commercial tenancy\n• Currently occupi ed by Golden Pine Chinese Restaurant\n• Long-standing and well-known Palm Beach restaurant location\n• Functional restaurant fit-out with commerci al-grade kitchen\n• Chiller\, dining area and front counter/service space \n• Front and rear access\n• Positioned within an established commercial complex\n• Under 100m* to Palm Beach\n• Surrounded by cafes\, restaurants \, retail\, professional services and residential density\n• Rare RD7 den sity with 39m* height limit applying to the broader site\n• Ideal for inv estors\, owner-occupiers or future business use\n• Deceased estate - genu ine motivation to sell\n• All offers invited prior to auction\n• Must be sold on or before auction day\nTo be sold by public auction unless sold p rior.\n\nThe estate's instructions are clear: this property is to be sold . Buyers are encouraged to inspect\, complete their due diligence and sub mit their interest without delay.\n\nFor further information or to arrang e an inspection\, please contact Travis Miller on 0402 192 681\n\nDisclai mer: We have in preparing this information used our best endeavours to en sure that the information contained herein is true and accurate but accep t no responsibility and disclaim all liability in respect of any errors\, omissions\, inaccuracies or misstatements that may occur. Prospective pu rchasers should make their own enquiries to verify the information contai ned herein. This property is being sold by auction or without a price and therefore a price guide cannot be provided. The website may have filtere d the property into a price bracket for website functionality purposes. DTEND:20260708T120000 DTSTAMP:20260604T084215Z DTSTART:20260708T110000 LOCATION:In Room SEQUENCE:0 SUMMARY:Auction: 13/2 Eighth Avenue\, Palm Beach QLD UID:CRE-2020894296-Auction X-ALT-DESC;FMTTYPE=text/html:< title>

Deceased Estate - Rare Palm Beach C ommercial Holding - Must Be Sold!
Travis Miller from Coastal Commer cial is pleased to offer this exceptional opportunity for an owner occupi er looking to occupy a commercial space in a prime growth area or a savvy investor looking to capitalise on the gentrification of Palm Beach. \n < br/> \n
Perfectly positioned in the tightly held Eighth Avenue comm ercial precinct\, just moments from the sand and surf of Palm Beach\, 13/ 2 Eighth Avenue presents a rare opportunity to secure a ground-floor comm ercial asset in one of the Southern Gold Coast's most in-demand beachside locations.\n
\n
Currently occupied by the well-known Golden Pine Chinese Restaurant\, a long-standing Palm Beach tenant with a strong local following\, this 73m²* commercial tenancy offers immediate appeal for investors\, future owner-occupiers and buyers seeking a strategic foo thold in a high-growth coastal precinct.\n
\n
The property fo rms part of a busy cluster of established commercial tenancies\, position ed within the heart of Palm Beach and under 100m* to the beach. With exce llent accessibility\, strong surrounding amenity and a central location j ust off the Gold Coast Highway\, this is a highly practical and versatile holding suited to a range of commercial uses.\n
\n
Internall y\, the tenancy is currently configured as a restaurant and food premises \, complete with a large dining area\, front counter/service space\, comm ercial-grade kitchen facilities\, chiller and both front and rear access. The existing fit-out provides a highly functional setup for hospitality operators\, while also offering flexibility for future business use\, sub ject to relevant approvals.\n
\n
A major point of difference is the underlying location and planning framework. The broader site sits within a rare Palm Beach pocket with RD7 density and a 39m* height limit\ , further strengthening the long-term appeal of this tightly held commerc ial position. \n
\n
Offered to the market as a deceased estat e\, the instructions are clear. The estate is seeking a quick sale and in vites all offers prior to auction. This property must be sold on or befor e auction day.\n
\n
Whether you are looking to add a blue-chi p beachside commercial asset to your investment portfolio\, secure premis es for your own business\, or acquire a rare Palm Beach holding with stro ng long-term fundamentals\, this is an opportunity that demands immediate attention.\n
\n
Outgoings (per annum approx*) \n
Counc il Rates $3\,894\n
Water Rates $2\,188\n
\n
Lease Detai ls (per annum) \n
Currently a periodic lease\, Month to month basis \n
$34\,083.36 + GST \n
\n
(Option to resign the lease at market appraisal ($51\,000 + GST + Outgoings) \n
\n
Key F eatures\n
• 73m²* ground-floor commercial tenancy\n
• Current ly occupied by Golden Pine Chinese Restaurant\n
• Long-standing and well-known Palm Beach restaurant location\n
• Functional restauran t fit-out with commercial-grade kitchen\n
• Chiller\, dining area a nd front counter/service space\n
• Front and rear access\n
• Positioned within an established commercial complex\n
• Under 100m* to Palm Beach\n
• Surrounded by cafes\, restaurants\, retail\, pro fessional services and residential density\n
• Rare RD7 density wit h 39m* height limit applying to the broader site\n
• Ideal for inve stors\, owner-occupiers or future business use\n
• Deceased estate - genuine motivation to sell\n
• All offers invited prior to auctio n\n
• Must be sold on or before auction day\n
To be sold by p ublic auction unless sold prior.\n
\n
The estate's instructio ns are clear: this property is to be sold. Buyers are encouraged to inspe ct\, complete their due diligence and submit their interest without delay .\n
\n
For further information or to arrange an inspection\, please contact Travis Miller on 0402 192 681\n
\n
Disclaimer: We have in preparing this information used our best endeavours to ensure that the information contained herein is true and accurate but accept no responsibility and disclaim all liability in respect of any errors\, omi ssions\, inaccuracies or misstatements that may occur. Prospective purcha sers should make their own enquiries to verify the information contained herein. This property is being sold by auction or without a price and the refore a price guide cannot be provided. The website may have filtered th e property into a price bracket for website functionality purposes.

END:VEVENT END:VCALENDAR