12 The Entrance Road, The Entrance NSW 2261

Head lease waterfront hospitality opportunity with bars, function spaces and rooftop

For lease by Expressions of Interest closing Thursday 14 January 2027 at 4pm

On behalf of Central Coast Council, Commercial Collective is seeking an experienced head lease operator to revitalise this waterfront property into a hospitality destination.

Adjoining the boardwalk within The Entrance visitor precinct, the venue offers scope to combine dining, drinks, functions and community experiences. The 1,176sqm* site spans two lots, with ground-floor commercial tenancies, a first-floor function area and bar, and a fitted commercial kitchen. Rooftop activation offers further potential, subject to approvals and licensing. Two occupied tenancies currently generate $98,530.43 per annum excluding GST, offering potential income to the head lessee from commencement, subject to agreed terms and existing tenancy arrangements.

Proposed handover is on an as is, where is basis. The incoming operator must undertake repairs, refurbishment and fitout, including repairs to two additional ground-floor areas and substantial works to the first-floor function and bar areas. Proposals should address the operating concept, capital investment and works program, with rental structure, lease term, incentives and works commitments considered together. Final terms remain to be confirmed.

Key features
- High foot-traffic waterfront position adjoining the boardwalk
- 1,176sqm* site across two lots with a multi-level hospitality layout
- Existing bars, function spaces and fitted commercial kitchen
- Rooftop potential to extend the waterfront experience (STCA)
- Two occupied tenancies generating $98,530.43 per annum excluding GST
- Exposure from nearby accommodation, markets and attractions
- Benefitting from The Entrance and Northern Lakes 1.2* million annual visitors

Approximately.