Chinatown is Broome’s primary business, retail and entertainment area and holds an important place as part of Broome’s identity. Once the heart of the pearling industry, the Chinatown Revitalisation Project injected $14 million in Stage 1 to create a more inviting and pedestrian-friendly street scape to attract more visitors and enhance their experience.
Located in the heart of Chinatown with prominent signage and street front opportunities is this ideal 661m2 premises set on a prime internal town block corner location complete with outdoor seating. The property is currently being utilised as a restaurant (495sqm) leased periodically and a retail sub tenancy of approx 67sqm.
There's no doubt the location is unbeatable for any current or future businesses amongst a firmly established tourism town with high exposure to locals and visitors passing by. Take this opportunity to purchase your own restaurant and retail space that's completely set up and ready to go or purchase as a commercial investment at today's prices and watch Broome flourish.
KEY FEATURES
•Current Retail lease and periodical Restaurant Lease
•Option to Occupy the restaurant or sign a new Lease
•Prime location in the heart of Chinatown Broome
•Large 661m2 Building
•Corner location with excellent exposure to both Short & Carnarvon Streets
•Single level bar/restaurant gross floor area 495 sqm approx
•Sub tenancy in place of approx 67sqm
•Current net rent $108,472 + GST per annum
There are only a handful of businesses in Broome with such exposure to local and tourist traffic - enquire today for a copy of the Information Memorandum.