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Runaway Bay’s Gotham Grill and Rooftop Bar under the hammer

By Aaron Hivon
GOTHAM Grill and Rooftop Bar will give bidders plenty to chew on as the recently completed three-level purpose-built building heads to auction in Runaway Bay at 6 Bayview Street.

The asset, that comes with a 554sq m* site area and 302.33sq m* NLA, also offers easy access with plenty of parking.

The property is being marketed and sold by Ray White Commercial Gold Coast Sales Specialist Michael Willems and Sales Professional Jackson Rameau.

Mr Willems said the property was a multi-level modern style purpose-built building with excellent exposure and access.

“The premise is leased for a term of 10-years plus 2×5-year options commencing 16 March 2018 and produces a net income of $212,695* p.a. plus GST,” Mr Willems said.

“Constructed on the land is a freehold three-level building utilised for ‘Licensed Restaurant’ purposes. The building comprises three levels, with the ground level providing the entrance lobby and reception that’s accessed from the front of the building.

“The ground level also provides car parking for 13 open bay car parks. The upper two levels are allocated for restaurant use. All levels are available via an elevator.”

Mr Rameau said the property was located on the western side of Bayview Street between Ocean and Clam Streets and was close to many urban facilities and infrastructure.

“Gotham Grill and Rooftop Bar is the newest gem in the Ridgeway Group crown. It’s a spectacular multi-level venue in the beautiful heart of the Gold Coast. Split between two levels, Gotham offers up two equally decadent menus,” Mr Rameau said.

“The site is perfectly positioned with close proximity to existing and emerging business precincts. It also offers excellent connectivity and accessibility to a wide variety of business and lifestyle amenities across the Gold Coast.”

The auction will take place at the Gold Coast Turf Club, Racecourse Drive, Bundall on Thursday 14 November at 11:00 (AEST).

*Approximately.

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