Karuah 433 Tarean Rd
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$610,000
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Freehold Business with Accommodation - Lifestyle Opportunity
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Wonderful chance to buy arguably the best profile position in Karuah, corner lot on the main thoroughfare within the shopping strip, and opposite both the RSL Club , school, metres to the Karuah River & Jetty.
'Munchies' cafe & takeaway offers a working commercial kitchen, counter as well as a large separate eat-in dining space complete with slow combustion fireplace & ceiling fans. There is also an outdoor dining area. A generous sized office completes this part of the offering. The dine-in area can be easily expanded top accommodate further diners & coffee drinkers. Storage at the rear, loading dock, cool room and a bathroom (with baby change facilities). The shop is fully fire rated, wheelchair friendly and up to code. Parking is available both at the front and rear, as well as plenty of street parking.
Currently the cafe offers breakfast and lunch providing a very comfortable living for the current owners - however, there is also potential to incorporate dinner or "Pizza Nights", in other words huge potential to build this business to another level. If you were looking to expand - potential exists to create synergies with the local motels, golf clubs, schools, retirement villages, social clubs, community groups and more.
Upstairs is the residence. This comprises a generous 3 bedroom living space, with recently renovated kitchen, a separate dining room & spacious lounge room boasting polished timber floors. Step out to the east facing balcony offering great views of Port Stephens as well as the Karuah River to the North & the East. There is a large and contemporary bathroom, rain shower-head & "metal chequered mate" & tiled walls; and temperature can be regulated via the split system air conditioner as well as ceiling fans. There are timber look venetians and an elegant ceiling rose in the master. Two of the three bedrooms also offer water views.
The residence also offers a separate laundry with access to a garden courtyard and parking.
This is a unique offering - Freehold residence - 3 bedrooms, bathroom, and a coffee shop/ restaurant, office space; all set on approx 855 sqm of land. Enjoy your own business and live in residence or rent out the upstairs. Buy the freehold and convert to another type of business, residence, office space (STCA). The current owners are flexible and are happy to provide assistance to the new owners.
The high visibility presence means this is one of the most recognisable buildings and businesses in the town. This is priced to sell - so call us today for more details, information and figures. All enquiries will be treated with the strictest of confidence.
Property Information
- Land area approx 855sqm
Property Features
- Car Spaces 10
- Ivy StevensonDirector / LREA / Auctioneer - 1262715
- Bryan StevensonPrincipal /LREA/ Stock & Station / Business Broker - 1355852
Local Information Karuah
Education
Nearest Government Schools
- Karuah Public School
- Tanilba Bay Public School
- Soldiers Point Public School
- Wirreanda Public School
- Bobs Farm Public School
- Salt Ash Public School
Nearest Private Schools
- Medowie Christian School
- Catherine McAuley Catholic College
Local Amenities
Parks
- Memorial Park
- Longworth Park