A rare opportunity has presented itself at the Tranquilla residential development with a restaurant offering within the luxurious beachside establishment available for lease. Being offered via Expressions of Interest, the successful applicant will have the ability to open a food & beverage establishment which is unlike anything seen before in South Australia.
The new residential development, located at 255 Military Road West Lakes, features 18 luxurious townhouses. Construction has begun and is expected to be finished in July 2019. The restaurant within the development consists of 462 square metres over three levels, with approval for 150 indoor and 100 outdoor seats facing the beach.
Knight Frank’s Retail Leasing Executive, South Australia, Dan Gilbert said this is an outstanding opportunity for the right applicant.
“With an increase in residential developments within the area under construction, now is the perfect time to take advantage of the increase in consumers within West Lakes Shore. Overlooking the ocean at this picturesque site with state of the art facilities, the tenant has the ability to create a unique destination offering.”
The tenancy will be fitted out with toilet facilities, air conditioning, lift and exhaust system as well as having ample on-site car parking, allowing the incoming tenant to come in and create their own beachside creation.
Expressions of Interest to lease are now open and will close at 5pm (ACST) on Thursday, 28th June.
For further information, please contact:
Dan Gilbert, Leasing Executive, Retail, Adelaide
Notes to Editors
Knight Frank LLP is the leading independent global property consultancy. Headquartered in London, Knight Frank has more than 15,000 people across 418 offices in 60 markets. These figures include Newmark Grubb Knight Frank in the Americas, and Douglas Elliman Fine Homes in the USA. The Group advises clients ranging from individual owners and buyers to major developers, investors and corporate tenants. www.knightfrank.com