21-25 Cummings Parade,
Point Lookout, QLD 4183

Hotel, Motel & Leisure

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FOR SALE OR LEASE - ONCE IN A LIFETIME OPPORTUNITY

21-25 Cumming Pde, Point Lookout

• Once in a lifetime opportunity to acquire this iconic restaurant facility in the Pandanus Palms Resort
• This 3 level freestanding building includes:
- 80m2 loft bar with internal and external seating, storeroom and 180 degree panoramic views of the Coral Sea and Moreton Island
- 195m2 fully fitted out restaurant containing both internal and enclosed veranda dining areas and toilet facilities
- 167m2 basement area with toilet facilities. This area overlooks the resort's pool and has the potential to be converted to a residential unit. Currently used as an art studio & gym, however the opportunities are endless.

• Fully licenced restaurant with a liquor licence available to be transferred subject to relevant approvals
• The property forms part of the Pandanus Palms Resort which enjoys a captive market to the 36 on-site villas
• Price includes freehold plus all kitchen equipment & chattels (plant & equipment list available on request)
• Popular destination for weddings, conferences and dining for locals & visiting tourists
• Ideal for an owner occupier to walk in and commence trading

SALE PRICE - BY EXPRESSIONS OF INTEREST
GROSS RENTAL PCM* - $4,000
*All rentals quoted are exclusive of outgoings & GST

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Point Lookout, 4183 demographic data

The median household income for Point Lookout is $1,368, 26% lower than Greater Brisbane's household income of $1,849. Point Lookout has an older age profile compared to the rest of Greater Brisbane (median age 55 vs 36). Property ownership data shows 32% of property owners in Point Lookout have a mortgage.

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$1,368 per week

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55 years

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