Premises/Business Investment Opportunity

An undeniable magnet for millions of national and international visitors annually is Hastings Street. Sitting plum, with a huge frontage on Queensland’s premier tourist boulevard, in its absolute heart near the famous treed roundabout, several beach towel lengths from Noosa Main Beach, is the stellar centrepiece of Rococo Bistro & Bar, with the strata freehold.

For fifteen years, the matchless corner premises of the multi award-winning formidable business, which is open from breakfast until midnight every day, has attracted over 100,000 customers annually.

Whether alfresco pavement or courtyard-style dining, being totally immersed in the excitement of the dedicated bar area, utilised as an entertainment/function venue, or taking advantage of its reputation as an off-premise boutique caterer and corporate/major event producer, this is a unique strata freehold, business and lifestyle package on a prestigious much-coveted site.

“It’s not surprising Hastings Street was voted the Best Main Street in Australia,” enthuses Tom Offermann principal of the eponymous real estate agency for over 30 years. “During that time, restaurant premises in a similar league have seldom become available, and they are even rarer to obtain with the business. In fact, I don’t recall a complete package of a triple-A Hastings Street restaurant ever being offered.”

The price guide of $17.5m includes the strata title premises and business, plus fit-out, fixtures and equipment.

Information:

– Freehold Strata Lot 51 The Emerald Noosa: over 30m street frontage north and east; 400m2 total space plus 38m2 of council outdoor dining permits; Including 2 undercover car spaces and store room. Flexible site, value-add future redevelopment opportunities.

– About Rococo Bistro: Multi Award Winning Restaurant and Bar; Iconic in reputation and formidable business with exceptional growth over 15 years; 100,000+ customers annually; liquor license commercial + other/subsidiary on-premise 10am to midnight 7 days/nights; capacity 180 seated/320 standing; employees 50+; Sunshine Coast industry leader as on/off premise boutique caterer and corporate/major event producer; Contemporary Italian cuisine with emphasis on the region’s fine produce; exquisite alfresco dining, cocktails, craft beer, vintage wine and Champagne.

– Location: Centre stage of renowned Hastings St, high volume pedestrian location, footsteps to Laguna Bay, Noosa Main Beach + boardwalk to Noosa National Park and Surfing Reserve with coastal walking trails and 477ha of forest, heathland, clifftops, bays and rocky coves; stroll to the western end to Noosa Woods’ beaches, picnic areas and Noosa Spit