The Opportunity

Securing riverside retail and commercial in Tumbugum is a rare opportunity. The subject property is a prime central location offering many benefits to future owners.

This two level 896.5sqm retail and commercial building sits on a 836.5sqm site and is located in the heart of Tumbulgum’s thriving CBD. The Site offers the following:

- Boutique Clothing / Gallery Business
- Iconic riverfront Restaurant / Café
- Commercial Kitchen
- Internal Dining Area + Alfresco Dining for over 100 patrons
- Additional rear kitchen and dining area
- Childrens play area
- Upstairs Area - 4 bedroom accommodation + lounge + bathroom

House of Gabriel provides huge potential to strengthen current returns and to maximize future capital growth.

Future options include:

- Take over the existing operation as is and benefit from an immediate income stream
- Expansion of the already successful Restaurant / Café
- Addition of Bed and Breakfast Accommodation Packages
- Addition of Liquor Licence to increase revenue
- Expansion of the Boutique / Gallery Business
- Purchasing the property and using it for investment purposes by leasing it out to an experienced business
operator
- Lease separate parts of the property to individual business operators, ie, retail operators, bed and breakfast
operators
- Redesign the ground floor layout to make better use of the existing areas.

The House of Gabriel is a piece of Australian history. The building was constructed in 1914 and sits on a prime piece of land directly opposite the boat ramp entry to the famous Tweed River. The property has long been a favorite attraction to locals and tourists.

The building sits on a large parcel of land (approx. 836.5sqm) and features a two storey traditional house which has had the downstairs area converted into a commercial kitchen and restaurant/café dining room. The second level features four large bedrooms, a sitting room, bathroom, and large balcony with sweeping views of the river.

The downstairs garden area is mostly used for seating for the restaurant and offers a charming and relaxed atmosphere in which you can indulge in some of the unique pleasures from the restaurant’s kitchen. Nearly every seat has a fantastic view of the iconic Tweed River.

The restaurant caters for various functions, high teas, and wedding receptions. The size of the property makes for a large internal and external seating capacity. Behind the main kitchen there is a large living area which may be used to expand the current kitchen or internal dining area if required.

On the rear section of the property you will find the Boutique and Gallery retail area. This section offers an extensive range of fine clothing, jewellery and art works, and is a great add on to the existing restaurant business, giving customers another reason to visit this historic tourist hub.

The business is currently owned and operated by two couples each of whom contribute approximately 3.5 days per week. In addition to the owners the business employs a full time Chef and several casual floor and wait staff. The business currently trades Monday to Friday from 8.30am - 3.30pm and weekends from 8.30am - 4pm.