One Building: Multiple Opportunities

Located on a prime corner, in a park front position just one street back from beach, is this multipurpose building with both residential and commercial space, offering attractive rental yields as well as versatile opportunities for an owner-occupier/restaurateur, among others, to consider.<br/><br/>Across two levels it comprises two luxe upper units plus self-contained ground floor unit, a fully fitted out restaurant with liquor licence in place (formerly a going concern), an inground pool, and multiple onsite parks including single lock up garage on a 533m2 block, just footsteps to the sand and surf.<br/><br/>The floor plan has been configured to accommodate various living possibilities; currently the upper floor is split into two units, both tenanted – however, it could be used as one single residence with granny flat on ground floor for extended family member (or rented for income).<br/><br/>Elegant and spacious with quality fixtures and fittings including a stunning master ensuite with circular tub and huge walk-in robe/sitting area, timber floors, air-conditioning, stone benches, ceiling fans, and tasteful contemporary décor – this is effortless living, dressed to impress. <br/><br/>Altogether, including ground floor unit – the residential component includes four bedrooms, study, four bathrooms, kitchen plus two kitchenettes, covered deck, and separate laundry, plus communal (or exclusive) inground pool and terrace area. All three are currently rented bringing in a total of $1550 per week. <br/><br/>The commercial component is a restaurant – fully furnished with internal and alfresco dining, a commercial kitchen, cool room, 3 x toilets (guests and staff), internal and external storage, and staff entry; air-conditioning and plantation style ceiling fans are also fixtures.<br/><br/>Located adjacent to popular ‘White Shells’ apartments and in a pocket with many holiday homes and short-stay/Airbnb type properties, along with residential – there is a viable catchment area of potential patrons within walking distance of the restaurant, in addition to those who will travel via car to dine out. Rental forecast for the restaurant is approximately $1200 per week, taking total of all four premises to a possible $2750 per week.<br/><br/>Just minutes to the airport, currently undergoing expansion and upgrade to international status; and in close proximity to golf courses, national parks, scenic boardwalk to Coolum, Marcoola surf club and twilight markets – this is a premium lifestyle location, whose star continues to rise.<br/>Contact Agent for full list of figures, along with inventory list for restaurant, and discuss the possibilities; this truly in an exceptional offering in a golden location.<br/><br/>Bullet Points:<br/><br/>• Residential & commercial combo, beachside location<br/>• 3 x self-contained units – all currently tenanted <br/>• 1 x fully fitted out, furnished, licensed restaurant<br/>• Prime corner block adjoining park, footsteps to sand<br/>• In total: 4 bed, 4 bath, kitchen + kitchenettes<br/>• Exclusive inground pool & terrace with main quarters<br/>• SLUG + onsite resident parking for extra 3 vehicles<br/>• Residential rental income of $1550 p/week <br/>• Restaurant closed but fully equipped for trading<br/>• Possible income of $1200 p/w when operating<br/>• Total yield of approx. $2750 p/w with all rented<br/>• Close proximity to golf, national parks, local shops<br/>• Short drive to airport, undergoing international upgrade<br/>• Outstanding lifestyle and/or income opportunity!