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Café / Restaurant / Function Centre/ Lounge Bar $469,000 (14494)


Café / Restaurant / Function Centre/ Lounge Bar $469,000 (14494)

Café / Restaurant / Function Centre/ Lounge Bar "IVANHOE / HEIDELBERG AREA"

*Taking $36,000pw
*New 20-year lease
*Semi Managed
*3am Licence
*Seating over 200
*Huge 500sqm premises

A rare, unbeatable standalone corner location with huge exposure, close to schools, hospitals and a very busy commercial area. Public transport is within a close proximity. Growing area with many new developments under constructions around the business. Beautiful setup seating over 200 people (300+ for Cocktail Functions). Huge 500sqm premises including a fantastic function area - only one of its kind in the area with a huge beer garden. Loads of natural light within the venue. Premises is very well equipped with a huge commercial kitchen and 2 large bars and ample storage spaces. A rare 3am Liquor Licence. Unlimited potential to push and promote corporate and private functions. An established business with a great reputation and a long trading history of over 20 years.

Cannot be faulted. An Inspection will impress. Offers welcome.

For more information contact Simon on 0409 777 888

Business Snapshot

Price: $469,000 Takings: $36,000 p/w

Listing ID: 14494


  • Listing ID 14494
  • Status For Sale
  • Location IVANHOE
  • State Victoria
  • Price $469,000


Simon Mostafa
  Contact Us
  Klemms Business Brokers

551 Glenferrie Rd
Hawthorn VIC 3122

Tel : + (61) 3 9819 4211
Mail : email enquiry
Business Hours : M-F 9:00 - 5:00