For sale by tender

"Fisherman's Landing" Balgal Beach WIWO Land Buildings Equipment - leasehold title

A waterfront location with a one-in-million view in the afternoon as the sun sets to the rear - that's how a staff member of many years describes the ambience of the "Fisherman's Landing".

Located on Townsville Northern Beaches, a short drive of the Bruce Highway, the iconic "Fisherman's Landing" is arguably the hub of the local Balgal Beach community. Built on the foreshore of Rollingstone Creek, neighbouring the local boat ramp, and within metres of the ocean beachfront, the location is rarely offered to the market from a commercial sense.

But that's not the only part of the story of a business that is being offered to the market by tender. Managed by its current owner Richard Charleston, who purchased the leasehold holding in 1992, (the business first operated in 1979), Richard hopes to pass the business on to someone with the same community values, who can modernise the business and capitalise on what he has built over the past 32 years.

This is truly a rare opportunity.

The shop has been well patronised by both locals and tourists alike. Operated under a leasehold arrangement, and being licenced to serve alcohol, the current tenure expires in 2044, and the lease allows for an option renewal at the end of the current tenure.

Key points :
- Prime seaside location
- Landholding 1173 m2 (see plan)
- Tenure TL 237960 Term 30 years commencing on 23/09/2014 expiring
on 22/09/2044 "Commercial/business"
- Description Lot 55 oN SP257311
- Quarterly land rent $3243.04
- Annual Townsville city council rates $1847.91 plus water
- Liquor licence current 30 June 2024 No.87565
- Council car park nearby
- Parks and access to the beachfront within metres
- Boat ramp to the left
- Pontoon at the front leading into the creek

When operating the business the owner offered :
Licensed Kiosk
Outdoor Eating area
Sub Newsagency
Boutique
Hire boats.
Fast food able to be eaten on-site
Takeaways
Sale of groceries
Bait & Fishing tackle
Alcohol
Ice and sundry supplies
Local meeting place for the Fisherman's Landing Fishing and Social Club Inc.

Suggestions from experienced food operators I have spoken with :
Modernise the site
Upgrade the kitchen equipment
New menu expanding the prior offerings
Cater to motorcycle riders and weekenders
Buses
Catering
The offering has the same appeal as the Hervey Range Tea House and Frosty Mango
Offer a unique experience to the Townsville Greater Region

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Nathan Lynham

Nathan Lynham

07 4723 3222

0427 695 162