1 Marine Parade

****SOLD**** *PLEASE BE ADVISED - BUSINESS AS USUAL WITH CURRENT OWNERS* OPTIONS TO PURCHASE: OPTION 1 - LEASED INVESTMENT - 5X5 year lease - $75,000 PA rental income + GST + Outgoings - Asking Price $1,550,000 OPTION 2 - PROPERTY & EQUIPMENT - For Sale By Negotiation An exciting opportunity to secure the iconic Marino Rock's Cafe Restaurant, renown for delicious seafood and fine dining experience with captivating sea & coastal views from the Marino Esplanade. Owned & operated by the same family of some 20 years, now seeking a lifestyle change. Huge potential for profitability with established clientele, perfect for an astute couple or business partnership. Further scope for owner/operator to transform second floor into residence and continue operating business on ground level (STCC). Zoned Residential: Hill's policy area 11 - Elevated corner esplanade position of 622m2 (approx) - Spectacular sea & coastal views - Bars, dining & alfresco facilities - 5 licensed areas across 2 levels - Second floor hosts multiple functions all year round - Extensive commercial kitchen with plant & equipment - Ground floor 70 seating capacity - Second floor 140 seating capacity - Fully licensed take away trade with strong repeat clientele - Onsite parking & public parking