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Quick sale at $58,000 |Must Sell Quickly

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Kogarah NSW 2217

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 45m2
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Well-established Asian Takeaway/Restaurant for Sale in Kogarah Town Center

Asian Restaurant for Sale in Kogarah Town Center, Sydney South
**Location:** Kogarah Town Center
**Size:** 45 sqm
**Summary**
An exceptional opportunity to own an established Asian restaurant located in the heart of Kogarah Town Center. The restaurant currently serves a variety of Asian cuisines, with the flexibility to transition to other Asian dishes or even a café brunch concept, subject to center approval.
**Key Features**
- Prime Location: Situated in a bustling center that houses prominent supermarkets Woolworths and ALDI. The center is directly connected to Kogarah train station, making it a unique central hub in the area.
- High Foot Traffic: The location is surrounded by several schools, hospitals, and bank headquarters, ensuring a constant stream of customers. The restaurant is also positioned at the center’s entrance, next to the district’s main bus station, attracting significant foot traffic during peak hours.
- Recent Renovations: Over AUD 100,000 invested in updating equipment and refurbishing the space, ensuring a modern and appealing environment for diners.
- Operational Flexibility: Currently operates weekdays from 7am to 10pm and weekends from 10am to 10pm, allowing for a broad service window and diverse customer base.
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Property Details for Contact Agent For Address, Kogarah

Building Type
Commercial
Floor Size
45m2

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About Kogarah 2217

The size of Kogarah is approximately 2.7 square kilometres. It has 14 parks covering nearly 14.7% of total area. The population of Kogarah in 2011 was 12,763 people. By 2016 the population was 15,090 showing a population growth of 18.2% in the area during that time. The predominant age group in Kogarah is 30-39 years. Households in Kogarah are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Kogarah work in a professional occupation. In 2011, 55.7% of the homes in Kogarah were owner-occupied compared with 48.3% in 2016.

Kogarah has 10,490 properties. Over the last 5 years, Houses in Kogarah have seen a 53.70% increase in median value, while Units have seen a 17.81% increase. As at 30 November 2024:

  • The median value for Houses in Kogarah is $1,800,156 while the median value for Units is $725,471.
  • Houses have a median rent of $700 while Units have a median rent of $660.
There are currently 28 properties listed for sale, and 51 properties listed for rent in Kogarah on OnTheHouse. According to CoreLogic's data, 461 properties were sold in the past 12 months in Kogarah.

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Jeffrey Lei
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Jun Ok
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ANND PROPERTIES GROUP PTY LTD
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