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Overview
97 / 265 Sandy Point Road
This exceptional retail property offers a prime investment opportunity in a sought-after location, featuring a spacious commercial building area of approximately 1,224 square meters. The versatile space includes a restaurant, bars, and a function centre, making it ideal for a dynamic hospitality business.
The property boasts a well-equipped commercial kitchen and a thoroughly designed restaurant fit-out, providing a ready-to-operate venue. Its prime location adjacent to the Oaks Pacific Blue Resort allows for maximized patronage from both resort guests and the general public, creating a multi-faceted hospitality experience.
Strategically situated in Salamander Bay within the Greater Port Stephens region, the property benefits from proximity to the only major retail centre on the Tomaree/Nelson Bay Peninsula, the Salamander Bay Shopping Centre. This enhances the commercial appeal and accessibility for customers.
Key features of the property include a bar and cafe area, a comfortable restaurant space overlooking a 485-meter pool, and two function rooms suitable for various events. The property generates a net income of $72,584, supported by a lease term of five years commencing on 1st October 2020 and terminating on 30th September 2025, with options to review for two additional five-year terms. The complete fit-out is included in the sale, offering a turnkey investment opportunity.
This property is ideal for investors seeking a well-located commercial hospitality venue with established income and growth potential in a popular tourist and residential area.
While every effort is made to ensure the accuracy and completeness of the property information provided, no guarantee is given. Buyers should independently verify all details, inclusions, availability, pricing, and other relevant information directly with the listing agent before relying on this information.
Location
Salamander Bay NSW 2317
Measurements
| Type | Dimensions |
|---|---|
| Floor Area | 1224 m² |
Market Insights for Salamander Bay NSW 2317
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