FOR SALE
Sale Price Unavailable

Contact Agent For Address
Haymarket NSW 2000

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 77m2
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Business for Sale: Thriving Restaurant in Sydney China Town

Are you ready to step into a successful venture? Look no further! This thriving Chinese restaurant is now available for sale, offering a fantastic opportunity to own a lucrative business in a prime location.
Here are the key details:
1. Location: Situated in a bustling area (China Town) with high foot traffic, this restaurant occupies an internal space of 77 sqm, providing a cozy and inviting atmosphere for patrons.
2. Operating Hours: The restaurant benefits from DA approval for operating from 11:00 AM to 11:00 PM, allowing ample time to cater to both lunch and dinner crowds.
3. High Revenue: With a proven track record of high revenue generation, this establishment boasts a solid customer base and consistent income streams, making it an attractive investment opportunity.
4. Rent: Enjoy the benefit of reasonable overhead costs with a current rent of $15,000 per month, which includes outgoings. This favorable rental arrangement contributes to the business's profitability.
5. High Foot Traffic: Positioned in a sought-after location with significant foot traffic, the restaurant enjoys excellent visibility and accessibility, ensuring a steady flow of customers throughout the day.
Don't miss out on the chance to acquire this lucrative restaurant business. Whether you're an experienced restaurateur looking to expand your portfolio or an aspiring entrepreneur seeking a turnkey opportunity, this business offers the perfect platform for success.
Property Reference: #busi - 110

Property Details for Contact Agent For Address, Haymarket

Building Type
Commercial
Floor Size
77m2

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About Haymarket 2000

The size of Haymarket is approximately 0.5 square kilometres. It has 3 parks covering nearly 8.3% of total area. The population of Haymarket in 2011 was 5,376 people. By 2016 the population was 7,364 showing a population growth of 37.0% in the area during that time. The predominant age group in Haymarket is 20-29 years. Households in Haymarket are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Haymarket work in a community and personal service occupation. In 2011, 31.6% of the homes in Haymarket were owner-occupied compared with 25.1% in 2016..

Haymarket has 6,159 properties. Over the last 5 years, Houses in Haymarket have seen a 50.24% increase in median value, while Units have seen a -6.42% decrease. As at 31 October 2024:

  • The median value for Houses in Haymarket is $2,139,915 while the median value for Units is $1,087,838.
  • Houses have a median rent of $1,100 while Units have a median rent of $1,150.
There are currently 38 properties listed for sale, and 62 properties listed for rent in Haymarket on OnTheHouse. According to CoreLogic's data, 171 properties were sold in the past 12 months in Haymarket.

Suburb Insights for Haymarket 2000

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Contact agent
Mel Xu
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Jason Wang
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Dentown Property Group
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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.