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61 Palmer
South Townsville QLD 4810
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Sold on 1 Feb 2021

61 Palmer South Townsville QLD 4810

  • Shop & Retail
  • 450 m²
  • Sold

What A Location, What A View, What an Opportunity

This Unique piece of Real Estate houses the Lighthouse Bar & Grill on 1010m2 allotment plus Additional 759m2 allotment with Units on Morehead Street. Town Plan allows 12 Storey High Rise Complex. (STCA)

Buy the Restaurant Leasehold, Buy the Palmer Street property or buy the Morehead Street property or Buy the Lot as an Investment & Development Site.

The 120 Seat Restaurant on Palmer Street is Presented Immaculately with Stylish Modern Decor, Well Planned Dedicated Bar Area, Large well Appointed Commercial Kitchen, Cold rooms, Heaps of Storage, Very Modern Facilities and Rear Loading Access via Morehead Street. The Restaurant has Regular Functions catering to up to 200. This Restaurant is offered as a Fully Operational Going Concern. Information Memorandum available.

The 450m2 Building has been Extensively Renovated. The Clever well Planned Design is approved for a First Floor to be added. All the Services are Installed, Concrete Piers and Floor Ready. With Views across the Marina and Down Ross Creek, this Additional Space would make a Magnificent Function/Conference Venue, Roof Top Bar & Lounge or Lettable Office Space.

2 Morehead Street Units are Fully Rented. Property Adjoins the Rear of 61 Palmer St.

To arrange an inspection or for further information please contact Ray White Commercial on 07 4726 7888.

Property Highlights

Date Sold1 Feb 2021
Floor Area450 m²
Land Area1,010 m²
ParkingAsk Agent
Property ID2012029150
Category
Last updated  3 Apr 2021
Map for 61 Palmer South Townsville QLD 4810

Property Highlights

Date Sold1 Feb 2021
Floor Area450 m²
Land Area1,010 m²
ParkingAsk Agent
Property ID2012029150
Category
Last updated  3 Apr 2021
Level 1, 41 Sturt Street Townsville City QLD 4810

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