Cottage Point is on the market
One of Sydney’s most famous waterfront restaurants much loved by celebrities is for sale.
The Cottage Point Inn on Pittwater, with a population of 113 with only a kiosk, a yacht club, an inn and a patchy internet and phone reception, has been put on the market and is being offered freehold.
Cottage Point is frequented by the most high profile people.
Pippa Middleton, 33, and her new husband, financier James Matthews, turned up for lunch there last year when they were in Sydney on their honeymoon.
The sister of the future queen Kate, the Duchess of Cambridge, stepped out of Sydney’s Park Hyatt to board a water taxi to get to the water access restaurant with friends, including a baby.
Other celebrities who have dropped in at Cottage Point include actors Dustin Hoffman, Orlando Bloom, Brad Pitt and Cuba Gooding
Guests can choose lunch or dinner.
Or they can have the $150 seven-course degustation on offer with scallops, goats curd, pork jowl and Tajima Wagyu beef. All of which is served over a minimum of three hours.
Originally a boatshed and general store, the Cottage Inn became a landmark on the western foreshores of Pittwater when it was converted into an iconic restaurant in the 1970s.
The buildings for sale include the restaurant plus two self-contained apartments.
The business however is not for sale. The restaurant is tenanted.
There is also a license agreement with National Parks and Wildlife services for the use of the land sitting over the high-water mark.
Real estate agent Kevin Whelan, of Whelan Luxury Real Estate, says the estate generates annual income of $348,920.
“This is an exceptional opportunity for an investor or entrepreneur to purchase one of the Hawkesbury’s most exciting waterfront estates in a key location only 50 minutes from the CBD,” Whelan told the Manly Daily.
by Leon Gettler, January 24th 2017
