FOR SALE
$1,150,000

626 Pacific Highway
Belmont NSW 2280

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Hospitality Freehold Italian Restaurant

SALINA Italian Restaurant established over 25 years
One of Lake Macquarie's longest established lake side Italian restaurants at Belmont.
• 436m2 lot size
• Freehold opportunity
• 100 Seat restaurant
• Fully equipped Kitchen
• Full itinerary & P&L's available on request
• Highly exposed highway location
Your opportunity to acquire Salina Restaurant at 626 Pacific Highway Belmont! This spacious 436 sqm property is operating as a well established Italian restaurant and is now available for sale.
Located in a prime location, this property offers a fantastic opportunity for investors or entrepreneurs looking to establish or expand their business in a bustling area. With a reasonable price guide this property is sure to attract attention from those looking to make a smart investment or transition into the hospitality industry.
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Property Details for 626 Pacific Hwy, Belmont

Building Type
Commercial

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About Belmont 2280

The size of Belmont is approximately 10.4 square kilometres. It has 11 parks covering nearly 3.8% of total area. The population of Belmont in 2011 was 6,419 people. By 2016 the population was 7,123 showing a population growth of 11.0% in the area during that time. The predominant age group in Belmont is 50-59 years. Households in Belmont are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Belmont work in a professional occupation. In 2011, 65.2% of the homes in Belmont were owner-occupied compared with 66.1% in 2016.

Belmont has 4,160 properties. Over the last 5 years, Houses in Belmont have seen a 64.87% increase in median value, while Units have seen a 39.62% increase. As at 30 November 2024:

  • The median value for Houses in Belmont is $886,963 while the median value for Units is $633,946.
  • Houses have a median rent of $600 while Units have a median rent of $480.
There are currently 34 properties listed for sale, and 17 properties listed for rent in Belmont on OnTheHouse. According to CoreLogic's data, 167 properties were sold in the past 12 months in Belmont.

Suburb Insights for Belmont 2280

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Brad Wallace
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Warren Plumb
Raine & Horne Newcastle
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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.