Premier Restaurant Acquisition - City Heart Location
A rare opportunity to step into a high-spec, fully fitted venue ready for your concept from day one. With a 10-year lease secured until October 2034, this is a turnkey asset sale offering genuine stability in a prime city location.
The fit-out speaks for itself - contemporary designer finishes, ambient lighting, and sommelier-grade climate-controlled wine storage mean minimal upfront capital expenditure. The commercial kitchen is fully equipped for high-volume service or a curated small-plates offering, and the balanced dining and bar layout adapts effortlessly to a beverage-led, casual, or aperitivo-style model.
Positioned in a high-foot-traffic precinct with a sophisticated demographic, the venue is equally well-suited to a refined wine bar, relaxed dining concept, or something entirely new. The infrastructure supports a strategic shift toward lower labour costs and stronger margins - squarely aligned with where the market is heading.
Asset sale only. IP remains with the current owners. Some fittings belong to the Lessor. Financials are indicative of trading only.
Lease Details
Commencing Date: 3 October 2024.
Terminating Date: 2 October 2034.
Term: 10 years.
Opening Hours
Monday to Friday 12-9:15pm
Saturday 5-9:15pm
Sunday Closed
Opportunity
Note to Buyers: This is a meticulously maintained venue ready for its next chapter. Whether you maintain it as a restaurant or pivot to a premier wine destination, the foundation for success is already laid.
**Weekly**
Sales $50,337
Rent 9,038.46 (plus GST)
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