Furnished
Well established Inner-South Cafe for Sale

(no street name provided), Kingston ACT 2604

$280,000

BusinessSize: n/a
Block size: 1047 m² approx.Business size: 111 m² approx.UV: $3,550,000 (2023)
An exciting opportunity has come up to purchase this well established and busy cafe. The current owners have ran and grown the business for the last 14 years and are now looking for a new challenge so have decided it's time to part ways.

Located in the fast growing and respectable suburb of Kingston, ACT, this cafe is surrounded by many businesses including retail, real estate, supermarkets and other eateries and within walking distance of numerous residential apartment blocks.

The cafe currently trades 5.5 days and offers a full range of breakfast and lunch as well as baked goods, coffees, and cold drinks. The cafe has established a strong regular clientele base over the years.

The premise is 111.0m2 and comes fully furnished (renovated in August 2021). Kitchen is equipped with all new commercial grade equipment, still under warranty.

There is so much potential to grow this business by extending opening hours, expanding to catering services or adding a liquor license.

For more information on this great opportunity please contact us
Features
  • Allocated Car Spaces
  • Body Corporate
  • Fully Furnished

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Key details

Bathrooms:
2
Parking:
3
Property type:
Business
Block Size:
1047 *
Unimproved Value:
$3,550,000 (2023)

Other Details

Business Size:
111 *
Rates (Residential):
$14,703*
Rates (Commercial):
$139,699*
Rates (Rural):
$2,803*
Land Tax (Residential):
$29,660*
*These are approximate values based on available information.
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Property history

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Kingston suburb information

A little bit about who lives locally, as provided by government census data
SummaryMedian salesUnimproved value
Average Age
35 years
Population
6,579
Unimproved value for Kingston
$3,550,000
Listing ID: 180949676. This listing has been viewed 391 times. It was first displayed on 03/09/2022 and last updated on 03/09/2022.
Allhomes acknowledges the Ngunnawal people, traditional custodians of the lands where Allhomes is situated. We wish to acknowledge and respect their continuing culture and the contribution they make to the life of Canberra and the region. We also acknowledge all other First Nations Peoples on whose lands we work.
"With open hearts and minds, together we grow." artwork by David Williams of Gilimbaa.