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Food, Beverage & Hospitality business for sale in Mermaid Beach

  • Food, Beverage & Hospitality
  • Mermaid Beach QLD 4218
  • 350000 ONO

Iconic Bar for Sale - Nobbys Beach

Off Market Group is excited to present a rare opportunity to acquire The Cambus Wallace a renowned, thriving bar located in the heart of Nobbys Beach.

Known for its vibrant atmosphere, loyal clientele, and strong trading history, this sought-after venue offers an exceptional investment for hospitality operators or investors seeking a turnkey business in one of the Gold Coast's most desirable coastal pockets.

Key Highlights:

Strong Lease Terms Secure long-term lease in place, providing peace of mind for incoming owners
Prime Location Situated in the bustling Nobby Beach precinct, a high-foot-traffic area popular with locals and tourists alike
Established & Popular Brand The Cambus Wallace is a well-known name on the coast with a unique nautical-themed identity and loyal patron base
Consistent Trade Solid and reliable annual turnover of $800 - $900,000, underpinned by strong local support and reputation
ROI 10 - 15%
High Demand Area Rare opportunity to secure a licensed venue in one of the Gold Coast's most tightly held hospitality hubs
Turnkey Operation Under Management Fully operational with experienced staff and systems in place, set & forget

This is a tightly held asset, and opportunities like this don't come around often.

Off Market Hotels & Off Market Group
Off Market Hotels & Off Market Group
62/22 Montgomery Avenue
Main Beach, QLD 4217

Business Highlights

Business ID2020078372
Floor Area90.4m²
Category
Last updated  22 Jun 2025
Map for Mermaid Beach QLD 4218
Map for Mermaid Beach QLD 4218Mermaid Beach QLD 4218
Inspections
Documents
Off Market Hotels & Off Market Group
Off Market Hotels & Off Market Group
62/22 Montgomery Avenue
Main Beach, QLD 4217

Business Highlights

Business ID2020078372
Floor Area90.4m²
Category
Last updated  22 Jun 2025

Co-Brokers

Brett Maloney
Off Market Hotels & Off Market Group
Call
0405 843 148
Leigh Metzeling
Leigh Metzeling
Off Market Hotels & Off Market Group
Call
0451 607 651

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