Last Listing description (October 2022)
To enquire, please email or call 1300 815 051 and enter code 2006
This is the perfect and unique opportunity to step into tropical paradise with all the established, hard work done for you, at the right time, with Magnetic Island's popularity soaring.
104 Sooning St. is an all inclusive package of a glorious tropical home and super profitable business all in one!
Scallywag's Cafe has become an iconic tourist destination, a bustling business on the island, in one of the most prominent business locations on the entire island.
While having a beautiful 3 bedroom house, garden and pool already incorporated into the equation, why not walk right in and carry on this incredibly successful, proven business model, as it is!
** House features include;
- 16 kw solar system
- new roof
- new kitchen
- new bathroom
- new deck
- new tropical pool
- fully irrigated
- bore water access
- fully fenced
- split system A/C and heating throughout
- breezy original casement windows
- stunning hardwood floor, thin milled planks
- established garden with fruiting trees and many edibles
- marina views one side and mountain views the other
- easy walking distance to school and shops
** Business features include;
- Great exposure - a very prominent corner location
- a booming, well supported Cafe/Restaurant on the island, popular with both locals and tourists
- thriving, prosperous business
- unique and distinguished atmosphere, creating an attractive vibe to be remembered
- lucrative returns - with financials available - *strict cond. apply to those interested
- increase in sales every year, even through covid
- up to date, modern equipment to operate with for maximum output and turn over
- Scallywags Cafe, has a strong online presence, amazing reviews, formulated over many years, through all major social media avenues; Facebook, google maps, trip advisor, etc
- council approved commercial kitchen (food van) is mobile and usable outside of the premise
- the land is mixed use zoning (possible for commercial and residential use) and is in Nelly Bays Gateway Precinct
- 5 min walk from the ferry terminal
- Magnetic Island boasts a range of enticing activities through its natural wonders. Both residents and visitors regularly enjoy hiking, snorkeling, boating and fishing. These highlights and the recent heavy push for tourism over the past years, has further enhanced the islands popularity and appeal securing years of profitable business ahead.
The current owners have a passion and love for the successful business they have created and their recently renovated family home. They have lived at 104 Sooning St. for over 6 years, in which time, that they have transformed this property and have endless new ideas and concepts they are willing to share and pass on. Potential upgrades and improvements to even further increase profit margins on this unique investment opportunity with right buyer, are limited only by the imagination. They are also dedicated and willing to provide a warm handover of business operations should the buyer wish to continue Scallywags Cafe.
Opportunities as unique as this in an increasingly popular tropical paradise are rare and will not be around for long!
* conditions associated with sharing the businesses related financials involve both - signing a confidentiality agreement, as well as being able to prove your capabilities of securing finances for the purchase. PLEASE ENSURE YOU ARE ABLE TO DO BOTH OTHERWISE YOU WOULD BE WASTING BOTH OF OUR TIME. Thanks for your understanding regarding this.
To enquire, please email or call 1300 815 051 and enter code 2006