Pallarenda Bar & Bistro – Townsville

Pallarenda Bar & Bistro – Waterfront Townsville Restaurant & Bar Searching for an Owner-Operator

Formerly Rock Island Australia, this beautifully refreshed venue has been rebranded to Pallarenda Bar & Bistro and is ready for a new owner-operator to take charge. Positioned in one of Townsville’s most prime waterfront locations at 13 The Esplanade, this is a rare opportunity to secure a fully fitted, fully licensed hospitality venue with nothing left to spend.

Enjoy the advantage of a new long-term 5 + 5 lease with affordable rent and an exceptional rent-free period until March 2026 — giving you the perfect head start to build momentum and grow.

A new fitout completed in 2023, an extensive list of quality equipment, and a spacious layout make this venue turnkey and highly versatile. Offering 310m² of indoor dining and 206m² of outdoor dining, guests can relax with ocean breezes, sunset views, and a casual coastal atmosphere.

This is the ideal spot to serve up ice-cold beers, cocktails, burgers, and barista-made coffee in a relaxed, picturesque beachfront setting. Everything is set up, operating, and just waiting for the right owner-operator to bring their vision to life.

Key Highlights

• Prime Townsville waterfront location
• Newly rebranded as Pallarenda Bar & Bistro
• New 2023 fitout
• New 5 + 5 year lease with affordable rent
• Free rent until March 2026
• Fully licensed
• Quality equipment included
• 310m² indoor + 206m² outdoor dining

Business Price
Pallarenda Bar & Bistro is being sold for $100,000 wiwo (neg).

Confidentiality Agreement
To receive a Sale Proposal, please complete our online Confidentiality Agreement form at www.beyond2000.com.au/confidentiality-agreement.

Business Broker
Susan Butler – 0419 905 463
susan@beyond2000.com.au
www.beyond2000.com.au