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Ultra Suite Hair Bar is the latest business to boost the growing popularity of the Palm Beach café and retail upheaval on the southern Gold Coast.

Ultra Suite Hair Bar has leased a 63sqm tenancy at 1166 Gold Coast Highway, Palm Beach, in a deal negotiated by Tanaka Jabangwe of Ray White Commercial GC South on behalf of a private owner. Mr Jabangwe said there was a new wave of enthusiasm for Palm Beach particularly with food and beverage establishments and boutique retail.

“The inception of Wildernis into 1166 Gold Coast Highway can be used as a reference point for how quickly the area’s popularity has increased within a two-year period. Since then we now have The Collective, Balboa Italian and 8th Avenue Terrace just to name a few.”

“Wildernis will now be joined by another quirky local offering – Ultra Suite Hair Bar. The increasing interest by local retailers is helping change the demographic attracted to the area which in turn is helping boost the local economy as more establishments relocate or have a high desire to be in Palm Beach now.”

Mr Jabangwe said the 1166 Gold Coast Highway location offers unparalleled exposure and due to its side street facade has limited interference in relation to passing traffic.

The push to compete with Burleigh Heads as a local food and drink mecca is well underway. We are experiencing exciting times in Palm Beach both for our landlords and the local community as a whole.

 

Lease Analysis*
Listed Date14.12.2016
Total Enquiries4
Lease Price$35,400
Lease Date09.02.2017
*approx