Northcote Asian Restaurant for Sale – Low Rent & 70 Seats

Restaurant | Business for Sale | Northcote

Prime Northcote Asian restaurant for sale featuring low rent of $1,000/week, weekly turnover of $15,000, 70 seats, and a full commercial kitchen. Suitable for any cuisine. Asking price: $168,000.

- Asian restaurant business for sale
- Prime location in Northcote, Melbourne's desirable northern suburb
- High weekly turnover of approximately $15,000 / week
- Low rent of only $1,000 / week
- Long and stable lease with 4 years remaining
- Spacious interior with 70 seats and a fully equipped standard commercial kitchen
- Exclusive listing, rare investment opportunity
- Highly versatile and suitable for conversion to any cuisine.

Property Code: 621

For more details, please email broker or call agents.

Arm Real Estate & Business

Suite 3, 70-72 Kingsway, Glen Waverley, VIC 3150

Ricky Chan

Business Address: Northcote

Northcote's Features:

1. Home median price ranks No.78 among 914 suburbs of Victoria.
2. Home median rent ranks No.94 among 914 suburbs of Victoria.
3. Top primary school St Joseph's Primary School, Westgarth Primary School are in this suburb.
4. Many houses in this suburb are Rented(33%).
5. There are more Flat(22%) in this suburb.
6. People from Italy(5%) like to live in this suburb.
7. People from Greece(8%) like to live in this suburb.
8. People from New Zealand(2%) like to live in this suburb.
9. People are well-educated (University or Tertiary education 8%).
10. Many people in this suburb are Professionals(14%).
11. The percentage of Australian native-born(69%) is high.