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21-25 Cumming Parade
Point Lookout QLD 4183

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 254m2
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Commercial Restaurant Lease Opportunity

An enticing commercial lease opportunity awaits at the Pandanus Palms Resort, formerly known as the popular Kokomo Beach House. Nestled high on Cumming Parade, this establishment offers breathtaking views of the Coral Sea and Moreton Island. With 36 two and three-bedroom townhouses within the resort, there's ample foot traffic of onsite holidaymakers and locals, presenting an ideal market for entrepreneurial ventures. The fully fitted-out restaurant, kitchen, and cocktail bar provide a versatile canvas for culinary innovation and hospitality excellence.
Overlooking the stunning coastal vista, the venue offers a serene ambiance for patrons to indulge in. With its established infrastructure and prime positioning within the resort, entrepreneurs have the chance to redefine hospitality standards in the area. Whether it's reimagining the dining experience or capitalising on the influx of guests, this opportunity promises a blend of business acumen and scenic charm that's sure to captivate both locals and visitors alike.
Call Chris today for more information - 0402 207 099

Property Details for 21-25 Cumming Pde, Point Lookout

Building Type
Commercial
Floor Size
254m2

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About Point Lookout 4183

The size of Point Lookout is approximately 4.4 square kilometres. It has 6 parks covering nearly 35.2% of total area. The population of Point Lookout in 2011 was 678 people. By 2016 the population was 709 showing a population growth of 4.6% in the area during that time. The predominant age group in Point Lookout is 60-69 years. Households in Point Lookout are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Point Lookout work in a professional occupation. In 2011, 57.2% of the homes in Point Lookout were owner-occupied compared with 62.5% in 2016.

Point Lookout has 1,386 properties. Over the last 5 years, Houses in Point Lookout have seen a 110.48% increase in median value, while Units have seen a 112.40% increase. As at 31 October 2024:

  • The median value for Houses in Point Lookout is $1,810,515 while the median value for Units is $1,043,018.
  • Houses have a median rent of $3,475.
There are currently 21 properties listed for sale, and 2 properties listed for rent in Point lookout on OnTheHouse. According to CoreLogic's data, 39 properties were sold in the past 12 months in Point lookout.

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Chris Ransley
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Ray White North Stradbroke Island
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