29 Barrier St - The Beach Shack (Business Sale), Port Douglas, QLD 4877

For sale

MAKE AN OFFER!

Buy yourself a job in PARADISE!!!

2020 is the year of the Seachange!

Now is the time to consider moving to beautiful & warm Far North Queensland – jump onto this incredible opportunity to buy a Covid-proof business that has operated through the pandemic & offers oodles of POTENTIAL for future growth coming out of lockdown… Don’t miss out – this could be your golden ticket – make me an offer today as the vendors are ready to negotiate!

The Beach Shack, Port Douglas

• A unique opportunity to own the only restaurant in Four Mile Beach, Port Douglas.

• Well established and popular – currently successfully trading during COVID 19 with two open air dining areas, full takeaway business established 15 years ago.

• Only restaurant, bar and takeaway for Port Douglas’s major villa and residential suburbs of Four Mile, Port Gardens, Reef Park and Solander

• Traded successfully throughout Covid 19 lockdown with increased local client base and loyalty

• Two separate outdoor undercover dining sections + bar and billiard table. Capacity 120 (subject to Covid 19 restrictions*)

• Fully licensed

• Three businesses in one – restaurant, bar and pizzeria with dine-in, takeaway and delivery options.

• Currently only open for dinner but lunch and breakfast options would be possibly very successful with the recent re-location of a nearby breakfast/lunch café creating a gap in the market

• With a two bedroom apartment with sea views available upstairs this a dream opportunity for a single or couple to live the dream and make an excellent living (additional rental option $12,000pa).

• Lease options available with very competitive rent and initial 3 month rent holiday

• 6/8 Staff on Jobkeeper until March 2021 – allows incoming management time to get well established.

• A new Accor 6* Hotel development has recently been announced for Port Douglas due for completion in 2023, representing the most significant investment in the region since the Sheraton Mirage was built in the late 1980’s.

The Freehold of the building including the apartment upstairs is also available, representing an extraordinary business and lifestyle opportunity for an entrepreneurial single or couple to take on the restaurant and develop the untapped potential for growth.

TenantedNo
Property Info:
  • Property ID: L3711824
  • Property Type: Restaurant
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R&H Suburb Profile: Port Douglas

R&H Suburb Summary Houses
Number of sales 42
Average Price $647,720
Median Price $541,500
Median Rental Price $580 p.w.
Change in Rental Rate (5yr) 20 %
R&H Suburb Summary Units
Number of sales 204
Average Price $335,310
Median Price $253,500
Median Rental Price $340 p.w.
Change in Rental Rate (5yr) 5 %
Port Douglas, QLD - Median Trend
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