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97/265 Sandy Point Road
Salamander Bay, NSW 2317
Price On Application
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.
Location
Salamander Bay NSW 2317
Measurements
| Type | Dimensions |
|---|---|
| Floor Area | 1224 sqm |
Market Insights for Salamander Bay NSW 2317
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* Search brackets are a technical classification derived from unverified metadata set by the listing agent for search filtering. It is not an official price guide, a valuation, or a representation of the seller's reserve. This data is provided for search transparency purposes only.
