Hotel/Leisure For Sale In Queensland
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Ephraim Island, Paradise Point QLD
2 Ephraim Island, Paradise Point QLD 4216
For Sale
For Sale
Retail
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Hotel/Leisure
Prime Investment Property in Captive Market
Located on exclusive Ephraim Island in Paradise Point on the Gold Coast, this architect designed & purpose built strata-title restaurant known as Wonders Grill is for sale.
The tenant/operator is a successful chef on a new 5 year lease plus options with a first year return of $100,000 .
This is an outstanding investment opportunity to acquire the freehold strata title and all the existing fit-out of this well appointed restaurant. Being the ONLY restaurant on Ephraim Island, it enjoys a "captive" market of 383 upmarket residential apartments on the island.
* Double height ceiling to dining area
* Large expanse of featured concertina opening glass doors
* Licensed to seat 120
* Large outdoor dining area
* Plenty of parking - 55 community spaces
* Wheelchair & disability access
* Operator holds a full hotel license which includes up to 3 bottle shops
* Separate multi-function area with spill out to deck
To obtain the Information Memorandum, please contact the exclusive agents, NAI Harcourts today!
DISCLAIMER: Subject to the provisions of the Trade Practices Act 1974 & subject to any other non-excludable statutory provisions. Conduco Pty Ltd t/as NAI Harcourts Gold Coast for themselves & for the Vendors of this property for whom they act give notice that all information given in relation to this property whether contained in this document or given orally, is given without responsibility and intending purchasers and tenants should satisfy themselves as to the truth or accuracy of all information given by their own inspections, searches, inquiries, advice or as is otherwise necessary. No person in the employment of Conduco Pty Ltd t/as NAI Harcourts Gold Coast has any authority to make or give any representation or warranty in relation to this property.
Price
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Area
432m2
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