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Matraville NSW 2036

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Charming Chinese Restaurant Business in the Heart of Matraville-Busi#115

Are you ready to take over a thriving business in a prime location? Look no further!
This delightful Chinese restaurant in the heart of Matraville is now available for sale.
Key Features:
Internal Area: Spacious 78 sqm, perfectly optimized for a cozy dining experience.
Rent: Competitive rent of $56,000 + GST annually.
Seating Capacity: Comfortably seats 36 guests, ideal for both small and large gatherings.
Family-Oriented Area: Situated in a friendly and welcoming neighborhood, perfect for attracting local families and regular diners.
Prime Location: Located in the bustling heart of Matraville, ensuring constant foot traffic and visibility.
High Traffic Area: Close to major supermarkets, drawing in a steady stream of potential customers daily.
Convenient Parking: Benefit from 2 hours of free council parking nearby, making it easy for diners to visit.
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Property Details for Contact Agent For Address, Matraville

Building Type
Commercial

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About Matraville 2036

The size of Matraville is approximately 3.6 square kilometres. It has 13 parks covering nearly 4.3% of total area. The population of Matraville in 2011 was 9,039 people. By 2016 the population was 9,795 showing a population growth of 8.4% in the area during that time. The predominant age group in Matraville is 40-49 years. Households in Matraville are primarily couples with children and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in Matraville work in a professional occupation. In 2011, 64.8% of the homes in Matraville were owner-occupied compared with 62.5% in 2016.

Matraville has 4,626 properties. Over the last 5 years, Houses in Matraville have seen a 53.89% increase in median value, while Units have seen a 20.47% increase. As at 30 November 2024:

  • The median value for Houses in Matraville is $2,460,833 while the median value for Units is $1,018,565.
  • Houses have a median rent of $1,300 while Units have a median rent of $750.
There are currently 15 properties listed for sale, and 6 properties listed for rent in Matraville on OnTheHouse. According to CoreLogic's data, 164 properties were sold in the past 12 months in Matraville.

Suburb Insights for Matraville 2036

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Joshua Alonzo
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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.