UNDER OFFER - Commercial Space - Restaurant, Retail - With Adjoining Alfresco or Parking Area

An opportunity to lease this double block, stand-alone two-storey premises on the Gold Coast Highway in Mermaid Beach has just become available to lease for the first time in years.

The vacating tenants have been using the premises as a combined café/dining and retail shop.

The property is located on a huge 824m2 block, with a large sunny alfresco area directly off the kitchen area. The area at the back of the property is grassed and includes a private shed, with the opportunity for additional customer seating and storage. The separate shop space at the front has customer access directly off the Gold Coast Highway footpath and exposed to a high volume of foot traffic daily.

Rent: $7,000 + gst per calendar month
Bond: Equivalent to 2 months rent
Outgoings: The owner is responsible for Council Rates (not including water) and land tax
Lease Term: 3 years (annual CPI increase)
Option: 1 x 3 years
Special Conditions: Demolition Clause after initial 2 years of lease

The self-contained upper level is accessible by stairs from the side and back, and includes an additional kitchen and bathroom, with more room again for storage space.

Featuring:
– 185m2 internal space (approx)
– 824m2 land area
– Significant foot traffic and busy highway exposure
– Alfresco dining area/open space
– Additional huge levelled grassed area at the back of the property
– Fully self-contained upper level with it’s own kitchen and bathroom
– Major awning renovation completed in May 2022 with new panelling
– Available Now

Mermaid Beach is one of the most sought-after locations on the Gold Coast. This property is located on the beachside of the highway, with the sand and surf at the end of the street.

The typical clientele in Mermaid Beach ranges from high-end shoppers to laidback surf nomads and includes locals, visitors and tourists any time of the year.

Other local shopping include hairdressers, clothing stores and a wide range of eclectic and casual dining experiences.

Directly across the road, the redevelopment of the Mermaid Plaza to a new 4 storey commercial office and retail precinct, anchored by a Woolworths Metro, is anticipated for completion in Q1 2023, which will soon attract even further business to this already busy precinct of Mermaid Beach.

For more information, or to inspect the premises, contact agent Andrew Henderson on 0438 691 972 or email andrew@prohenderson.com.au.

Property ID: 1241178