21-25 Cumming Parade
Point Lookout, QLD 4183

Overview

Iconic Freehold Restaurant & Cocktail Bar Opportunity - Ocean views over Point Lookout

This exceptional freehold property located at Lot 21, 21-25 Cumming Parade, Point Lookout offers a unique hospitality opportunity with stunning views of the Coral Sea and Moreton Island. Currently configured as a fully equipped restaurant with a commercial kitchen and an elevated cocktail bar, this property is being sold fully furnished and equipped, allowing a new owner to commence operations immediately.

The building is situated within the renowned Pandanus Palms Resort, which consists of 36 two and three-bedroom townhouses positioned on the headland. The resort features amenities such as a swimming pool, tennis court, and onsite management, ensuring a consistent flow of guests and visitors.

Spread across three levels, the property provides versatility for various hospitality or event uses:

• Lower Level - Multi-Purpose Space: This area includes a large open space, two bathrooms, and an additional room, with direct access to the resort's swimming pool and tennis court. It can be utilized as an events area, private function space, or overflow for the restaurant.
• Main Level - Main Restaurant: The main dining area is spacious, featuring ample seating, a fully equipped commercial kitchen, and guest bathrooms. Large openings allow for sea breezes and ocean views, creating a relaxed coastal dining atmosphere.
• Upper Level - Cocktail Bar: Accessed via internal stairs from the restaurant, this level hosts a stunning cocktail bar with sweeping ocean views, ideal for enjoying sunset drinks while watching migrating whales along the coastline.

Potential buyers can explore flexible purchase options, including:

• Acquiring the freehold building along with the current business name and continuing operations of the established venue (the current liquor license can be transferred).
• Purchasing the building and leasing the premises.
• Taking over the existing lease with the business.

Inspections are available by appointment only. This property presents a remarkable opportunity for those looking to invest in a thriving hospitality business in a prime location.

Location