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 andhands-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%;new lease on offer
- Strategically positioned at a great corner location with approximately 60 seats both inside and outside
- All equipment, unencumbered and well maintained, included in the asset sale
All offers are considered as part of an Expression of Interest campaign, with an indicative price of $85,000 Neg. This business presents a prime opportunity for motivated operators to transform the space and establish their own brand. 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: 20250625063003
