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Sydney NSW 2000

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Premium Café for Sale in Sydney City Fringe - Exceptional Location and Low Rent

Premium Café for Sale in Sydney City Fringe - Exceptional Location and Low Rent
**Summary:**
Located in the prime high volume foot traffic area, this stylish café offers unmatched visibility and accessibility. With minimal competition and a growing customer base of high-spending young professionals, this business represents a unique opportunity. The café features a high-end fit-out by a renowned designer, top-quality equipment, and a competitive rent of only $1,875 per week gross.
**Key Features:**
Lowest Rent on the Street: At just $1,875 per week including GST. With approximately 100 sqm area and ample outdoor seating area.
Prime heavy foot traffic Location: The best spot in the area with excellent visibility and a prominent entrance.
High-Spending Demographic: Popular among young professionals, known for their high spending.
Minimal Competition: Almost no direct competitors in the area.
Designer Fit-Out: Created by a famous designer, the fit-out alone would cost at least $400,000 today.
Top-Tier Equipment: Brand new kitchen equipment, nearly 99% new and reliable.
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Property Details for Contact Agent For Address, Sydney

Building Type
Commercial

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About Sydney 2000

The size of Sydney is approximately 3 square kilometres. It has 16 parks covering nearly 33.5% of total area. The population of Sydney in 2011 was 14,307 people. By 2016 the population was 17,261 showing a population growth of 20.6% in the area during that time. The predominant age group in Sydney is 20-29 years. Households in Sydney are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Sydney work in a professional occupation. In 2011, 33.6% of the homes in Sydney were owner-occupied compared with 29.1% in 2016.

Sydney has 24,243 properties. Over the last 5 years, Houses in Sydney have seen a 135.77% increase in median value, while Units have seen a -0.34% decrease. As at 31 July 2024:

  • The median value for Houses in Sydney is $678,640 while the median value for Units is $1,086,255.
  • Houses have a median rent of $850 while Units have a median rent of $950.
There are currently 166 properties listed for sale, and 362 properties listed for rent in Sydney on OnTheHouse. According to CoreLogic's data, 714 properties were sold in the past 12 months in Sydney.

Suburb Insights for Sydney 2000

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Jimmy Chen
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ANND PROPERTIES GROUP PTY LTD
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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.