FOR RENT
$36,000 per annum

3800 South Gippsland Highway
Foster VIC 3960

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 1m2
Land area: 1m2
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Cafe / Restaurant Opportunity Available to Lease

"Max's Café" part of the Prom Country Lodge is now available for lease. Located in a prime position on the South Gippsland Highway Foster, this a rare opportunity to operate your own café / restaurant in a busy tourist destination.
Prom Country Lodge is a 29 room motel catering for large bus groups, business people and travellers alike presenting "Max's Cafe" with opportunities for breakfast, lunch & dinner service. Well known to locals "Max's Café" is one of only two restaurants in town the other being the local hotel.
Key features of the property include but are not limited to the following -:
• Seating for 62 with indoor and atrium spaces.
• Large commercial kitchen
• Walk in Cool room & Walk in freezer
• Fully Licenced (Food & Liquor)
• POS included
"OPEN & THEY WILL COME"
Asking $36,000 per annum plus GST & outgoings with attractive lease terms available T.A.P. Inspections are strictly by appointment, for more information please contact Kiera Brown at Ray White Foster.

Property Details for 3800 South Gippsland Hwy, Foster

Building Type
Commercial
Floor Size
1m2
Land Size
1m2

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About Foster 3960

The size of Foster is approximately 116.3 square kilometres. It has 7 parks covering nearly 1.3% of total area. The population of Foster in 2011 was 1,678 people. By 2016 the population was 1,868 showing a population growth of 11.3% in the area during that time. The predominant age group in Foster is 60-69 years. Households in Foster are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Foster work in a managers occupation. In 2011, 74.1% of the homes in Foster were owner-occupied compared with 73.1% in 2016.

Foster has 1,491 properties. Over the last 5 years, Houses in Foster have seen a 63.90% increase in median value, while Units have seen a 87.02% increase. As at 31 August 2024:

  • The median value for Houses in Foster is $534,591 while the median value for Units is $481,341.
  • Houses have a median rent of $400 while Units have a median rent of $320.
There are currently 16 properties listed for sale, and 1 property listed for rent in Foster on OnTheHouse. According to CoreLogic's data, 43 properties were sold in the past 12 months in Foster.

Suburb Insights for Foster 3960

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Kiera Brown - Property Manager
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Ray White Foster
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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.