• For Sale
  • Retail
Leased Waterfront Restaurant with Rent Guarantee
Leased Waterfront Restaurant with Rent Guarantee

For Sale

$1,265,000 AUD

Colliers International is pleased to present to the market for sale, Lot 4, 72 Pantheon Avenue Port Coogee.

This waterfront tenancy is leased to The Australian Brewhouse, with their lease due to commence in early March. Details of the tenancy are as follows:

Lot: 4
• Area: 225sqm
• Rent: $90,000 p.a. + outgoings
• Reviews: 4% per annum
• Term: 5 years + 5 years
• 4 car stacker bays

The Vendor, Regis Australia, are offering an 18 month rent and outgoings guarantee over the property post-settlement.

72 Pantheon Avenue is a premium, waterfront development at the corner of Pantheon Avenue and Chieftain Boulevard, Port Coogee. The six high spec, ground floor, street facing commercial units feature exceptional exposure, parking allowance and trading opportunity.

Port Coogee is a rapidly expanding coastal area focused around the Port Coogee Marina, Port Coogee Village Shopping Centre and Ngarkal Beach. The area supports a large community, and is also a highly sought after destination for surrounding suburbs, being a highly popular waterfront dining and entertainment area.

Above the commercial lots is a 139 bed aged care building which will also help to boost trading opportunity from the lots.

In addition to car stackers for each tenancy, there are 32 shared car bays for the customers of the retail lots.

For more details, contact Tim Scott.

Property Details