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Malvern

$50,000

Licensed Restaurant - Great Opportunity in Prime Location!

 

                                                                                Price reduced to sell !

 

This 2-storey Licensed Cafe/Restaurant is located in Malvern, 8 kms south-east of Melbourne CBD. Near the corner of Glenferrie Road and High Street it enjoys very high foot and road traffic and is close to a shopping complex, schools, parks, hospital, a superior residential area and public transportation. A huge array of Melbourne's most sought after cafes, restaurants and gentrified pubs are within close proximity.

 

Malvern, an inner-city jewel, boasts a median house price of $3.16 million and a 15.1% quarterly price growth (source REIV)

 

This family owned and operated investment is newly renovated, with modern shop fittings and a commercial kitchen, all equipment owned. There is ample storage space, as well as 3 bedrooms upstairs which could be used for additional storage if needed, or as a dwelling.

 

 

BUSINESS HIGHLIGHTS

 

* Profitable Business

* Long Lease

* Excellent Location

* Very high foot traffic and exposure

* Secure onsite parking

* Fully Licensed

* Newly renovated

* All equipment owned

* Well liked by locals, with a regular and loyal clientele

 

 

Ready to go, this is a unique opportunity that won't last long!

 

INSPECTION RECOMMENDED

 


Details

Suburb Malvern
Price $50,000
Property Type Business
Property ID 160
Category Food/Hospitality, Food/Hospitality, Food/Hospitality

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