An Iconic Beachside Investment with Exceptional Returns & Unmatched Long-Term Potential

28/40 Captain Cook Drive, Agnes Water QLD 4677

For Sale Expressions of interest

Own One of Agnes Water's Most Recognisable Commercial Assets

Rarely does an opportunity arise to secure a landmark commercial property in the heart of Agnes Water's thriving tourism precinct. Home to the highly regarded Drift & Wood Restaurant, this premium investment combines a blue-chip location, a proven tenant, and a secure income stream, making it an exceptional addition to any investment portfolio.

Positioned just moments from the beach in one of the town's most sought-after destinations, this property offers investors the perfect blend of immediate returns and future growth potential in a market where quality commercial assets are tightly held and seldom available.

A True Set-and-Forget Investment

Designed to provide reliable, hassle-free income, the current lease structure offers outstanding security and peace of mind.

Investment Highlights:

* Current annual rental income of approximately $79,000.00
* Tenant pays the majority of outgoings, including strata levies (excluding sinking fund contributions), council rates and water rates
* Weekly rental payments, ensuring consistent cash flow
* Excellent five-year rental payment history, demonstrating a dependable tenancy
* Lease includes a further one-year term with two additional five-year options
* Market rent reviews at each option period, providing built-in growth potential

With strong lease conditions already in place, investors can enjoy immediate returns while benefiting from future rental upside.

A Premium Coastal Asset in a High-Demand Market

Commercial properties of this calibre are incredibly scarce in Agnes Water. As the region continues to experience growing tourism, increasing visitor numbers, and sustained population growth, strategically located commercial holdings are becoming more valuable than ever.

The building's prime position and established reputation make it an attractive long-term investment with enduring appeal. Whether you're seeking passive income, portfolio diversification, or a premium asset in a booming coastal destination, this property ticks every box.

The Power of an Established Tenant

Having a respected hospitality business already operating from the premises significantly enhances the property's investment appeal. The existing tenancy provides immediate income and removes the uncertainty often associated with leasing vacant commercial space.

Combined with a demonstrated history of reliable payments and a lease structure designed for longevity, this creates an opportunity that is as secure as it is rewarding.

Invest in More Than Just a Building-Invest in the Future of Agnes Water

This is more than a commercial property; it is a chance to own a cornerstone asset in one of Queensland's most desirable coastal communities. Opportunities to purchase iconic buildings with established income streams and outstanding rental fundamentals are exceptionally rare.

Secure a premium commercial investment with proven performance, strong cash flow, excellent tenant security, and the potential for long-term capital growth. Properties of this quality are tightly held for a reason-and once they're gone, they seldom return to the market.

Next inspections

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Key details
Land size (approx.) 536 m2
Building area (approx.) 161 m2

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