FOR SALE
$498,000

Contact Agent For Address
North Sydney NSW 2060

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 220m2
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Flourishing Cafe Business for Sale - Prime Location in North Sydney NSW

Summary:
ANND Commercial Real Estate proudly introduce to the market a highly praised retail café situated in the bustling heart of North Sydney, presents a lucrative opportunity for aspiring business owners. This café, renowned for its garden-themed décor and exquisite pastry offerings, stands out in a prime location near train stations, office buildings, and hotels.This is a cafe where the food, coffee and service does the talking. Where your daily flat white is made just the way you like it and your toasted granola is topped with yoghurt and fruits from local farmers who pride themselves on their quality produce. And where you can organise to meet friends for your caffeine fix, enjoy an Insta-worthy meal in a warm and welcoming setting, and start or end the day in exactly the right way. The perfect modern, clean, fresh environment which is also suitable for business lunches and meetings.
Key Features:
* Prime Location: Situated in the central business district of North Sydney, offering high foot traffic.
* Attractive Lease Terms: Secure 5+5-year lease starting from September 2020, with a monthly rent of $9,775.06 including GST.
* Spacious Interior: Approximately 220 square meters of space, including a fully equipped commercial kitchen and restroom facilities.
* Fully- renovated:This business have full Comercial kitchen setup, new owner don’t need to spent money on the shop fitting, making money from the first day you takeover.
* Liquor License: The coffee shop has a liquor license and can provides variety of alcoholic beverages.
* Versatile Venue: Ideal for hosting large events, weddings, and various types of gatherings.
* High-Profit: This business weekly sales approximately $25k-30k per week.
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Property Details for Contact Agent For Address, North Sydney

Building Type
Commercial
Floor Size
220m2

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About North Sydney 2060

The size of North Sydney is approximately 1.5 square kilometres. It has 21 parks covering nearly 7.7% of total area. The population of North Sydney in 2011 was 6,257 people. By 2016 the population was 7,707 showing a population growth of 23.2% in the area during that time. The predominant age group in North Sydney is 30-39 years. Households in North Sydney are primarily childless couples and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in North Sydney work in a professional occupation. In 2011, 38.3% of the homes in North Sydney were owner-occupied compared with 37.8% in 2016.

North Sydney has 7,719 properties. Over the last 5 years, Houses in North Sydney have seen a 30.45% increase in median value, while Units have seen a 20.17% increase. As at 30 September 2024:

  • The median value for Houses in North Sydney is $3,101,340 while the median value for Units is $1,278,360.
  • Houses have a median rent of $850 while Units have a median rent of $750.
There are currently 43 properties listed for sale, and 67 properties listed for rent in North sydney on OnTheHouse. According to CoreLogic's data, 324 properties were sold in the past 12 months in North sydney.

Suburb Insights for North Sydney 2060

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Contact agent
Jeffrey Lei
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ANND PROPERTIES GROUP PTY LTD
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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.