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Cottage Point Investment Opportunity - Restaurant and House on long lease

The Cottage Point Inn Restaurant, set on the water at the junction of Cowan Waters and Coal & Candle Creek, was originally the boatshed and general store.
The building was converted to a restaurant in the 1970s and has been operating since.
Set directly behind the restaurant are two separate, fully self-contained apartments or cottages, which are included in the restaurant lease.
Features:
- Income of $348,920.00 per annum (inclusive of GST)
- Substantial and wide waterfrontage.
- Floating deep-water pontoon for seaplanes and large boats.
- Office or flat above the restaurant with two rooms and bathroom.
- Two apartments set behind the restaurant. Both with wide 180 degree views of magnificent Cowan Waters and Ku-ring-gai Chase National Park.
- Cottage one:
Cowan Waters Apartment is a self contained apartment with full kitchen facilities, large dining and lounge area, private balcony, separate double bedroom, spa bath and reverse cycle air-conditioning.
- Cottage two:
Riverview Suite is equipped with breakfast bar, private balcony, lounge area, well appointed bathroom & reverse cycle air-conditioning.
- License agreement (sub leased to the restaurant tenant)with National Parks and Wildlife services for the use of the land that sits over the high-water mark.
- Access to the restaurant is by road, boat, ferry or seaplane.

Disclaimer: Whilst all care has been taken to ensure accuracy in the preparation of the particulars, no warranty can be given and interested parties must rely on their own enquiries.

XXXXX

Address 12 Cottage Point Road
Price $4,900,000
Property Type commercial
Property ID 203
Category Other

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Lynette Laming

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