Who hasn’t enjoyed a coffee, wine or meal in any number of idyllic spots in Canberra’s favourite holiday playground, Batemans Bay?
Surely many Canberrans who own holiday homes there have given more than the occasional thought to wholly transplanting their lives into this popular South Coast location.
This waterfront cafe may well provide that missing piece – the opportunity of a business income to support a new bayside lifestyle.
The ink has just dried on a new three-year tenant lease, with the same term as a future option.
The 132-square-metre space is right on the Clyde River. It includes the main indoor dining space, kitchen, cool room and storage and a 56-square-metre al fresco area that takes advantage of the stunning views.
There’s a high volume of foot traffic in a waterfront precinct bristling with shops, hotels and motels.
Christine Ewin of My Agent Christine Ewin says the unit could be a great addition to a self-managed superannuation fund.
“It’s a really secure and sought-after asset given its waterfront location,” she says.
“An investor considering relocation to the bay may also have the option later to potentially establish their own business in the space.”
Ewin says the Batemans Bay market is experiencing explosive residential growth, with many buyers moving to new lifestyles with work-from-home options.
Price guide: $1 million-$1.1 million
Private sale
Agent: My Agent Christine Ewin, Christine Ewin 0409 689 074