Cafe sale by beach
A TASMANIAN buyer who’s already in the hospitality industry is believed to have snared the Elephant Rock Café on the beachfront at Currumbin.
The landmark restaurant and bar, on Pacific Pde, was passed in at auction eight days ago at $3.4 million and subsequently has gone under contract. The buyer reportedly intends to keep operating the 28-yearold café, which is on a 502sq m site that’s home to two buildings.