1/136 Torquay Road, Scarness, QLD 4655

Other | Retail | Offices

For Sale Contact for price

  • Property ID: 447487
  • Floor Area: 120m²
  • Land Area: 263m²
  • Occupancy: Vacant
Prime corner location with huge potential

The Phone Code for this property is: 75246. Please quote this number when phoning or texting.

Here lies an exceptional opportunity to purchase a high profile, free standing property with a fully-licensed restaurant on the corner of Queens Road and Torquay Road in Scarness, Hervey Bay.

This prime location offers two street frontage & access for maximal exposure furthermore the successful well-established German restaurant (the only in a 200km radius) provides an immediate stream of income.

The property has gone under a full renovation in 2021 including brand-new quality fit out and it offers indoor & outdoor dining options with plenty of on/off street parking.

The inclusion of all fixtures, fittings, and equipment makes it an ideal business to walk in and continue operation. The business currently operates only 5 days a week offering the new owner the opportunity to increase hours and profits. The excellent location ensures steady foot traffic, while the option to expand to 6-7 days a week provides even greater potential for growth.

If required, the current owner is willing to assist the purchaser to take the business to the next level and help setting it up as an easy-to-run franchise business. Thus, driven individuals can fulfil their entrepreneurial dreams by acquiring Schnitz & Ribs, Hervey Bay.
With a strong turnover, this business offers a rare opportunity for either a savvy investor or aspiring owner operator to step into a well-established and solid business with a bright future.

Don't miss out on this incredible opportunity to secure your future and invest in a major QLD coastal growth region.

Key features & Benefits:

· Unbeatable prime main road position
· Land area: 263sqm; Floor area: 120sqm
· Prime corner position & excellent exposure along busy Torquay road, easy stroll from the Esplanade (300m)
· Easily managed business for a husband/wife team or owner operator while keeping staffing needs minimal (Currently run by the owner & 4 casuals)
· Solid, well established profitable business with massive growth potential (currently open only 5days per week and closed during holidays due to failing health of the operator)
· Hervey Bay is a key growth corridor & prime new hotspot (*predicted grow of 50 % over the next 10 years, upcoming Sheraton luxury resort development, New Fraser Coast Council administration buildings Urangan - $60 million hotel development, Pialba - Spotlight, Anaconda and Harris Scarfe, Eli Waters - new Aldi development and so on just around the corner from Schnitz & Ribs)
· Motivated seller due to retirement, ready for immediate handover

If you're interested in learning more about this great business opportunity or would like to arrange for an inspection, please get in touch.
*approx.

Disclaimer:

Whilst every care has been taken to verify the accuracy of the details in this advertisement, For Sale By Owner (forsalebyowner.com.au Pty Ltd) cannot guarantee its correctness. Prospective buyers or tenants need to take such action as is necessary, to satisfy themselves of any pertinent matters.

Scarness Suburb Profile

Average Advertised Price
Property Type Price (m²) Rent (m²/p.a.) Yield
Offices $9583 $1263 13.17%
Retail $6102 --- ---
This is the average advertised price, rent and yield for Scarness, QLD 4655*
* Excludes, where applicable, GST, outgoings and incentives. Values calculated based on the prices advertised by the agencies that list their properties on Commercial Property Guide.

Property Detail Notes:

  • 3rd Party Content - The information displayed on this page is supplied by registered real estate agents and other third parties. For questions regarding the information that appears here please contact the agent that is listed.
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