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128 Lae Street
Runaway Bay QLD 4216
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Sold on 28 Apr 2021

128 Lae Street Runaway Bay QLD 4216

  • Hotel, Motel, Pub & Leisure
  • 138 m²
  • Sold

Freehold Investment Opportunity - 6.6% net return - Runaway Bay Gold Coast

Great opportunity for an enthusiastic buyer to purchase the Freehold only of a highly successful restaurant. Located in the great, busy suburb located on the northern Gold Coast.

This award winning restaurant is very well established with the current owner operating for over 15yrs.

This boutique CBD Shopping Centre Building has just received a painting and roof restoration.

New 4 year + 4 year + 4 year lease in place at $65,000 per annum plus gst , plus all outgoings.

Owner wants to remain as the tenant
Vendor Finance available
Owner has owned the freehold since 1984.
Excellent full commercial Kitchen including large undercover alfresco dining area (37m2) accompanied with a large modern fitted out Bar & Restaurant (101m2)
Proven history with solid returns
New Lease 4x4x4 with current operator
Ideally located in the bustling Northern Gold Coast suburb
Busy intersection with loads of passing traffic
Strata Title property
Venue seats 75 people
Free Car parking
Corner Location
Air Conditioning
Fully Licensed
Functions
Enclosed Alfresco dining
Disabled Access

Property Highlights

Date Sold28 Apr 2021
Floor Area138 m²
Land AreaAsk Agent
ParkingOn site parking available
Property ID2016629105
Category
Last updated  28 Apr 2021
Map for 128 Lae Street Runaway Bay QLD 4216

Property Highlights

Date Sold28 Apr 2021
Floor Area138 m²
Land AreaAsk Agent
ParkingOn site parking available
Property ID2016629105
Category
Last updated  28 Apr 2021
Po Box 48 Banora Point NSW 2486

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