PRICE SIGNIFICANTLY REDUCED – PRIME GLENFERRIE ROAD HOSPITALITY OPPORTUNITY
An exceptional opportunity to secure a fully fitted hospitality venue in one of the most tightly held and high-exposure pockets of Glenferrie Road.
With the price now significantly reduced to secure a sale, this is an outstanding chance for an experienced operator to move quickly and take advantage of a position-perfect site with enormous potential.
Surrounded by constant pedestrian traffic and enjoying excellent street presence, the venue also benefits from the rare and highly valuable advantage of backing onto a huge public car park, making it incredibly convenient for customers throughout the day and evening.
Currently operating as a Spanish churros and restaurant venue, the real opportunity lies in the quality existing fit-out, strong location, and versatility of the premises. The space could easily be transformed into a day-trade café, all-day dining venue, wine bar, modern restaurant, dessert concept, casual eatery, or a fresh new hospitality brand.
For operators wanting a premium Glenferrie Road address without the major cost, delays, and stress of building from scratch, this is a genuine walk-in opportunity.
Key features include:
Prime Glenferrie Road position
Heavy pedestrian foot traffic
Excellent street exposure
Large public car park at the rear
Fully licensed venue
Stylish existing fit-out
Flexible layout suitable for multiple concepts
Current rent: $2,500 + GST per week
2-bedroom apartment upstairs contributing $2,000 per month toward rent
Lease commenced 15 October 2024
Secure 5-year lease plus further 5-year option
The Vendor is motivated and the price has been significantly reduced, creating a rare opening to secure a standout hospitality site in a highly sought-after location.
Opportunities of this calibre, in locations like this, are becoming increasingly hard to find.
An inspection is highly recommended.
For more information, please contact Grita Angelucci.
For more details, please email broker or call agents.
