City of Coffs Harbour Council has secured a lessee for the expansive top floor level of a new Community Building at the Jetty Foreshores.
Previously known as the TS Vendetta site, level one of the new build near the entrance to the Jetty Pier has been mostly vacant since it was constructed by the State Government in conjunction with the Council in late 2022.
The building was handed over by the State to the Council, but its presentation as a “cold shell” – it lacked a kitchen, cold room and customer tables and seating – provided challenges for prospective tenants, Council said in a statement.
“Several parties interested in the site provided feedback they would seek a City contribution to the capital costs of fit-out if they were to progress an application to lease the premises,” says Council.
In April 2024, Council resolved to authorise the General Manager to negotiate on commercial terms, a capital contribution to the restaurant fit-out in line with existing financial delegation.
In April this year, Council approved a changed use of the upper floor – from shops to restaurant or café and function centre. In the wake of that decision, the Council received approaches from two organisations seeking to operate a restaurant on Level 1.
Council has now approved the execution of a lease for Level 1 to WMB Pacific Pty Ltd for a term of up to 20 years, including options.
“This is wonderful news for our community as it’s a stunning, landmark building in a prime location at the popular Jetty Foreshores,” said Mayor, Nikki Williams.
“The proponent has indicated they will use the space for a premium Asian fusion restaurant.”
Council Business Services Director, Steve Bayliss said it is a positive to be able to successfully conclude negotiations for the site.
“We understand the operator could be up and running at the site later this year,” Mr Bayliss said.
“Having the top floor leased will further activate the Jetty Foreshores precinct, particularly during the evenings.”
The terms of the lease arrangement remain commercial-in-confidence.
