Unlock the potential of this iconic Paddington location through the acquisition of a fully fitted, well-established restaurant offered exclusively as an asset sale. Set in one of Brisbane's most desirable dining precincts, this is a rare chance to introduce your own brand in a character-filled, high exposure corner position.
The property features an attractive base rent of just $39,262 + GST & Outgoings, with the flexibility of a new lease available to incoming operators.
Currently operating with a lean team of 6 (3 FOH and 3 kitchen staff) and a hands-on owner, the venue runs successfully five nights a week, from 5:30pm to 9:30pm (extended hours on Saturdays). There is significant upside for a new operator to expand trading hours and introduce lunch service.
Key Features:
- Fully fitted with state of the heart equipment; Walk in and start trading
- Rarebase rent for this location of only $39,262 + GST (Comm. 2020) CPI: 2%
- Operating Tuesday to Saturday from 5.30pm to 9.30pm
- Strategically positioned at a great corner location with approximately 60 seats both inside and outside
- All equipment, unencumbered and meticulously maintained, included in the asset sale
Priced at $119,000 WIWOwith all offers considered, this business presents as a prime opportunity for motivated operators ready to transform and imprint their own brand on this location. Contact us now to organise an inspection.
Business Broker:MatteoMelis
Ref: BR01398
Mobile: +61 433 719 112
Email: matteo.melis@linkbusiness.com.au
LINK Business Brokers Brisbane
7/63AnnerleyRd,WoolloongabbaQLD 4102
Ph: (07) 3831 2300
Ref: BR01398
Timestamp: 20250616093003
