Brisbane’s Bayside has been experiencing renewed interest and activity as shoppers and diners have chosen to buy local over the past 18 months, presenting food operators with new locations to consider for their next venture.
Located on Bay Terrace, Wynnum, this corner restaurant space has great exposure and foot traffic, and is the last remaining space available for purchase at the new “Enclave” development, a 50 unit apartment complex.
Ray White Commercial Bayside listing agent Benn Woods said “this is the last food premises available to buy in the broader Wynnum CBD.”
“Opportunities to secure ground floor food and beverage sites for under $500,000 seldom come to market in central Wynnum, presenting owner-operators with a truly unique chance to purchase their own premises in this emerging Bayside suburb,” Mr Woods said.
“Situated at the entrance to this landmark development designed by Ellivo architects and delivered by DeMartini Fletcher, this exclusive purpose-built food space presents an exceptional opportunity.”
The 57sqm strata titled premises at 66 Bay Tce is air-conditioned, with a 65sqm undercover alfresco dining area, additional storage room, and fully glazed frontage.
“The Bay Terrace food scene is really changing with half a dozen new operators opening up over the past 18 months. With the addition of night-time illumination in the tress along the strip, residents are choosing to head out for a meal or drink locally, which is great to see.”
“With younger professionals moving from the city towards the water, and an existing set of high net worth individuals living in the immediate surrounds, 66 Bay Terrace presents an exceptional opportunity for operators looking to take their next step.”
The property can be purchased for $499,000 + GST.
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