97 /
265
Sandy Point
Road
salamander bay
NSW,
2317
Price on Application
Restaurant, Bars and Function Centre Investment Opportunity
This exceptional retail property presents a fantastic investment opportunity for those seeking a prime location and a spacious building area. Discover a versatile commercial space boasting a restaurant, bars, and function centre, all within an expansive floor space of approximately 1,224sqm.
This well-equipped commercial kitchen thoroughly designed restaurant fit-out, and prime location with the Oaks Pacific Blue Resort offers the flexibility to operate a dynamic hospitality establishment. You can maximize patronage from the resort's established accommodations and the general public, creating a multi-faceted hospitality experience.
Strategically positioned in Salamander Bay and the Greater Port Stephens area, this property benefits from the resort's prime location and proximity to the only major retail centre in the Tomaree/Nelson Bay Peninsula - The Salamander Bay Shopping Centre.
Key Features include :
• Bar & Cafe
• Comfortable restaurant overlooking 485m pool
• Two Function rooms
• Net Income: $72,584
• Lease term is 5 years
• Commencement date 1st October 2020
• Terminating date 30th September 2025
• Option to review 2 x 5 years
• Complete fit out included
Contact Dane Queenan today, on 0412 351 819 to arrange a private inspection or to receive the full information memorandum, a copy of the lease agreement & the contract for sale.
***Health & Safety Measures are in place for all Private Inspections and open homes (when permitted)
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About salamander bay
median house price
1016500suburb growth
1.7%median house rent
650suburb rental yield
3.3%Similar Properties
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