Gotham Grill and Rooftop Bar, Runaway Bay premises set for auction

The recently completed three level Gotham Grill and Rooftop Bar is set for November 14 auction.

Situated in Runaway Bay at 6 Bayview Street, the asset comes with a 554 sqm site area.

There is 302 sqm NLA.

The property is being marketed and sold by Ray White Commercial Gold Coast agents Michael Willems and 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 2x5-year options commencing 16 March 2018 and produces a net income of $212,695* p.a. plus GST,” Mr Willems said.

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.