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Prime Mascot Florist Cafe | Price guide $458k

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Mascot NSW 2020

Bedrooms: -
Bathrooms: -
Car spaces: 3
Floor area: 71m2
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Prime Florist & Café Business in Mascot, NSW |Under Management

Prime Location Florist & Café in Mascot, NSW
Summary:
An established florist and café located in the high-traffic Mascot area, this business combines floral arrangements with a cozy coffee experience. With a prime street frontage that enjoys excellent visibility, the shop draws in both regular customers and new foot traffic, making it a great opportunity for an owner-operator or investor looking for a dual-income stream. The owner has maintained a stable customer base and high margins, especially appealing to local office workers and residents. The business is easy to manage with minimal staff requirements and high gross profit margins.
Key Features:
• Prime Location: Outstanding visibility in a high-traffic area with ample natural light, attracting strong foot traffic and ensuring a steady flow of regular and new customers.
• 53 sqm internal + 18 Storage in the Basement + 3 Parking Spaces
• Stable Lease: Lease valid through to September 30, 2025, with a 5-year renewal option. Affordable rent with yearly increases of only 3.5%.
• Dual Revenue Streams: Offers both floral and café services, with coffee sales of approximately 25 kg per week and a high volume of daily flower orders.
• Low Operating Costs: Bulk purchasing of flowers once a week minimizes time and labor costs.
• Minimal Competition: Limited direct competition in the immediate area, creating a unique niche for flower and café services combined.
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Property Details for Contact Agent For Address, Mascot

Building Type
Commercial
Floor Size
71m2

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About Mascot 2020

The size of Mascot is approximately 12.1 square kilometres. It has 29 parks covering nearly 1.7% of total area. The population of Mascot in 2011 was 10,178 people. By 2016 the population was 14,792 showing a population growth of 45.3% in the area during that time. The predominant age group in Mascot is 20-29 years. Households in Mascot are primarily childless couples and are likely to be repaying $3000 - $3999 per month on mortgage repayments. In general, people in Mascot work in a professional occupation. In 2011, 64.6% of the homes in Mascot were owner-occupied compared with 49.5% in 2016.

Mascot has 11,664 properties. Over the last 5 years, Houses in Mascot have seen a 39.02% increase in median value, while Units have seen a 3.08% increase. As at 31 October 2024:

  • The median value for Houses in Mascot is $1,830,264 while the median value for Units is $876,053.
  • Houses have a median rent of $925 while Units have a median rent of $950.
There are currently 65 properties listed for sale, and 73 properties listed for rent in Mascot on OnTheHouse. According to CoreLogic's data, 623 properties were sold in the past 12 months in Mascot.

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Jun Ok
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ANND PROPERTIES GROUP PTY LTD
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