The property offers a wonderful opportunity for an owner occupier or investor to secure a position within the tightly held Watsons Bay precinct.
Located in the heart of the action opposite Robertson Park, the property has stunning bay views and is surrounded by Sydney's most famous beaches. The position provides a significant tourist destination for visitors from both interstate and overseas as well as catering to the loyal local community and is home to renowned eateries such as Doyles, Gelatissimo and the newly refurbished Watson's Bay Hotel.
Features of the property include:
- 175sqm internal area
- Additional external area on title
- Zones Neighbourhood business 3C
- DA Approved food use with 7 day trade
- Currently seating 70 including outdoor area. Max of 90.
- Current Liquor License
- Large wraparound glass façade
- Abundance natural light throughout
- Polished concrete and tallow floors
- Full commercial kitchen
- Internal toilets
- Modern Restaurant fit out (Completed late 2014 approx - $250k refurbishment)
- Separate waiting, lounge and bar areas
- 2 independent air conditioners
- Storage and cool room area
- Security camera's/alarm system
- 1 undercover car space on title
- Spectacular bay and city views
- Most of the restaurant equipment will stay (To be confirmed)
Outgoings:
Water rates: $603.25 pq
Council rates: $ 368 pq
Strata rates: $3,345.75 pq
Watsons Bay is constantly changing and seeing more demand for quality commercial properties with great access to all transport amenities (including buses and ferry), cafes, restaurants and new up market residential developments.
