LICENSED RESTAURANT -- SOUTH MELBOURNE -- #7646310
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(no street name provided), South Melbourne VIC 3205

$275,000

BusinessSize: n/a
Well-established and fully operational restaurant in the prime location of South Melbourne. Positioned on the main street, this restaurant benefits from heavy foot traffic and offers excellent visibility. Under the same ownership for the past 6 years, it has gained popularity among locals and established a strong reputation. This business presents an excellent opportunity for an owner-operator seeking a profitable venture to step into. Don't miss out on this chance-contact us today to arrange an inspection!

* Most sought-after location in South Melbourne
* Taking $23,000p/w
* Reasonable rent
* 10 years long lease
* Selling price $2750,000
* 70 seating capacity
* Open for 6 days trade
* With full commercial kitchen
* With full liquor license
* With 4 residential rooms
* Fully under management
* Same owner for 6 years, very stable business
* High profit

For more information on property #7646310, please call or email:
Sumit Aneja on 0433 950 304
or email: sumit@ncre.com.au

New Century Business Broker
26 Rutland Road, Box Hill VIC 3128
www.ncre.com.au
Tel: 03 9898 2874

****Sales Rep required**** For further information please contact us at office: kim@ncre.com.au

Inspections

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Key details

Property type:
Business

Other Details

New Century Real Estate & Business Broker

Property history

We couldn't find any history for this property.
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South Melbourne suburb information

A little bit about who lives locally, as provided by government census data
SummaryMedian sales
Average Age
39 years
Population
11,548
Listing ID: 181779400. This listing has been viewed 1 time. It was first displayed on 17/07/2023 and last updated on 28/03/2024.
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.