3/175 Ocean Drive, Twin Waters

Retail

Premium Investment Opportunity with Established Hospitality Tenant and Water Outlook
Amber Werchon Property is proud to present 3/175 Ocean Drive, Twin Waters - a rare opportunity to secure a quality, income-producing commercial investment in one of the Sunshine Coast's most tightly held coastal precincts.

This is an asset that stacks up. Currently income-producing on a net basis, with the tenant responsible for all outgoings, the property offers the incoming owner a clean, low-maintenance investment in a location where quality commercial stock is seldom offered and rarely relinquished. Full financial details, including rental, outgoings and lease particulars, are available to qualified parties via a comprehensive Information Memorandum.

Occupying a prominent position on Ocean Drive, the property offers a total building area of 387m²*, comprising 208m² of quality internal area* and a generous 179m² external exclusive-use dining area*.

Indoors, high ceilings and abundant natural light create an inviting dining space seating 50-plus patrons. Outdoors, an expansive alfresco deck accommodates approximately 90 guests, and it's here the property really comes into its own. It possesses that unique kind of laid-back Sunshine Coast charm, overlooking a tranquil pond and clusters of bushland - an outlook that has become part of the venue's signature appeal and a genuine point of difference in the local market.

A 20kW solar system supports operating efficiency, adding further appeal for the sitting tenant and any future operator.

The premises are currently occupied by The Loose Goose, with the opportunity to purchase the business separately. The existing tenancy generates $90,000 per annum (GST inclusive) and is currently leased on a month-to-month basis. A well-known local operator with over 15 years of continuous trade at the site.

The current month-to-month lease provides exceptional flexibility for an incoming purchaser, with the ability to negotiate a new lease at market rates with the existing tenant, secure a new operator, or explore owner-occupier possibilities in a purpose-built hospitality venue that would be difficult and costly to replicate today.

Positioned moments from Twin Waters Golf Club, Novotel Twin Waters Resort, pristine beaches and Sunshine Coast Airport, the premises enjoy strong and consistent exposure to residents, tourists and the surrounding business community year-round.

Opportunities of this calibre - income-producing, purpose-built and positioned in a blue-chip coastal pocket - are seldom offered to market.

- Premium commercial investment in a tightly held coastal precinct
- Income-producing on a net basis, tenant responsible for outgoings
- Occupied by The Loose Goose - 15+ years of continuous trade
- Indoor dining capacity for 50+ patrons
- Alfresco dining for approximately 90 patrons
- Tranquil outlook over pond and bushland
- 20kW solar system
- High ceilings and excellent natural light throughout
- Minutes to Twin Waters Golf Club, Novotel Twin Waters Resort, beaches and Sunshine Coast Airport
- Purpose-built hospitality premises in a location that is rarely offered to market

du Preez Property Group Pty Ltd is working in conjunction with Amber Werchon Property.

*Approximate
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