13/2 Eighth Avenue

Palm Beach QLD 4221

Currently occupied by the well-known Golden Pine Chinese Restaurant, a long-standing Palm Beach tenant with a strong local following, this 80m²* commercial tenancy offers immediate appeal for investors, future owner-occupiers and buyers seeking a strategic foothold in a high-growth coastal precinct.

The property forms part of a busy cluster of established commercial tenancies, positioned within the heart of Palm Beach and under 100m* to the beach. With excellent accessibility, strong surrounding amenity and a central location just off the Gold Coast Highway, this is a highly practical and versatile holding suited to a range of commercial uses.

Internally, the tenancy is currently configured as a restaurant and food premises, complete with a large dining area, front counter/service space, commercial-grade kitchen facilities, chiller and both front and rear access. The existing fit-out provides a highly functional setup for hospitality operators, while also offering flexibility for future business use, subject to relevant approvals.

A major point of difference is the underlying location and planning framework. The broader site sits within a rare Palm Beach pocket with RD7 density and a 39m* height limit, further strengthening the long-term appeal of this tightly held commercial position.

Offered to the market as a deceased estate, the instructions are clear. The estate is seeking a quick sale and invites all offers prior to auction. This property must be sold on or before auction day.

Whether you are looking to add a blue-chip beachside commercial asset to your investment portfolio, secure premises for your own business, or acquire a rare Palm Beach holding with strong long-term fundamentals, this is an opportunity that demands immediate attention.

Outgoings (per annum approx*)
Council Rates: $3,894
Water Rates: $2,188
Body Corporate: $8,356* ($160 per week)
*20% pay on time discount

Lease Details (per annum)
Currently a periodic lease, Month to month basis
$34,083.36 + GST

(Option to resign the lease at market appraisal ($51,000 + GST + Outgoings)

Key Features
• 80m²* ground-floor commercial tenancy
• Currently occupied by Golden Pine Chinese Restaurant
• Long-standing and well-known Palm Beach restaurant location
• Functional restaurant fit-out with commercial-grade kitchen
• Chiller, dining area and front counter/service space
• Front and rear access
• Positioned within an established commercial complex
• Under 100m* to Palm Beach
• Surrounded by cafes, restaurants, retail, professional services and residential density
• Rare RD7 density with 39m* height limit applying to the broader site
• Ideal for investors, owner-occupiers or future business use
• Deceased estate - genuine motivation to sell
• All offers invited prior to auction
• Must be sold on or before auction day
To be sold by public auction unless sold prior.

The estate's instructions are clear: this property is to be sold. Buyers are encouraged to inspect, complete their due diligence and submit their interest without delay.

For further information or to arrange an inspection, please contact Travis Miller on 0402 192 681

Disclaimer: We have in preparing this information used our best endeavours to ensure that the information contained herein is true and accurate but accept no responsibility and disclaim all liability in respect of any errors, omissions, inaccuracies or misstatements that may occur. Prospective purchasers should make their own enquiries to verify the information contained herein. This property is being sold by auction or without a price and therefore a price guide cannot be provided. The website may have filtered the property into a price bracket for website functionality purposes.