One of the most well known sites in Palm Beach on the Gold Coast Highway is being offered for sale.
We are proud to present one of the most well known sites in Palm Beach for sale. Located on the Gold Coast Highway with hundreds if not thousands of passing cars daily, on a 825sqm prime site sits this brand new purpose built 2 level restaurant and bar.
Currently occupied by a highly respected restaurant operator, 'The Collective' is on a long term lease until 2027 with five further 5 year options. 'The Collective' is a truly unique offering and lifestyle destination which has created a 'must go to' status across the culinary industry.
Properties like this don't come up very often!
Property features include:
- 825sqm* prime Gold Coast Highway site
- NLA 660sqm*
- 2 storey building (recently refurbished)
- Immaculate presentation
- Quality tenant and long term lease in place until 2027
- 5 x 5 year options
- Currently netting $225,000 pa*
- Outgoings paid by the tenant
- Don't miss this rare and outstanding opportunity
Strategically positioned in Palm Beach CBD just 100m to the beach and direct access to the Gold Coast Highway which provided extremely high profile.
Palm Beach has quickly become one of Queenslands most sought after beachside locations nestled between Tallebudgera and Currumbin Creek. Undergoing extensive gentrification, the area is fast becoming a premier beachside suburb. The location is serviced by an extensive road network and has easy access to both Gold Coast Highway and the M1 (Pacific) Motorway.
Full documentation available upon request.
For more information, please contact either Greg Watson 417 757 442 or Tara Imlach 0452 418 343 from LJ Hooker Commercial Palm Beach.
* Please note: all inspections will be held in accordance with the Chief Medical Officers advice and Covid-19 social distancing rules including limiting the number of people inside the house at any one time. Please respect this advice and be patient as we try to assist you.
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Disclaimer:
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