FOR SALE
Price Reduced $55,000

32-34 Bay Street
Tweed Heads NSW 2485

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 278.3m2
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Well Known Little Malaya Restaurant

Discover an incredible opportunity to own the iconic Little Malaya Restaurant, a beloved dining destination with a strong local reputation. Situated in the heart of Tweed Heads, this popular eatery has become a go-to for authentic Malaysian cuisine, consistently attracting both loyal customers and new visitors.
• Strategically positioned on Bay Street, this prime location offers high visibility and foot traffic in a vibrant area.
• The restaurant boasts a well-established reputation, known for its authentic flavours, exceptional service, and loyal customer base.
• Fully equipped with a commercial kitchen and a stylish dining area, it's ready for a seamless transition to new ownership.
• Perfect for an owner-operator or investor, the business presents significant growth potential to expand or diversify your portfolio.
• Benefit from excellent lease terms in a high-demand location.
• Rent $52,000 per annum plus GST
• Seize the chance to step into a thriving business with a proven track record. Little Malaya is not just a restaurant; it's a local institution. Don't miss out on this rare opportunity-contact us today for more information.
Contact Justin Schmith +61422051505

Property Details for 32-34 Bay St, Tweed Heads

Building Type
Commercial
Land Size
278.3m2

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About Tweed Heads 2485

The size of Tweed Heads is approximately 4.5 square kilometres. It has 15 parks covering nearly 12.6% of total area. The population of Tweed Heads in 2011 was 7,525 people. By 2016 the population was 8,171 showing a population growth of 8.6% in the area during that time. The predominant age group in Tweed Heads is 60-69 years. Households in Tweed Heads are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Tweed Heads work in a professional occupation. In 2011, 57.5% of the homes in Tweed Heads were owner-occupied compared with 58.3% in 2016.

Tweed Heads has 6,847 properties. Over the last 5 years, Houses in Tweed Heads have seen a 73.88% increase in median value, while Units have seen a 74.45% increase. As at 31 October 2024:

  • The median value for Houses in Tweed Heads is $1,102,895 while the median value for Units is $808,447.
  • Houses have a median rent of $700 while Units have a median rent of $695.
There are currently 52 properties listed for sale, and 30 properties listed for rent in Tweed heads on OnTheHouse. According to CoreLogic's data, 304 properties were sold in the past 12 months in Tweed heads.

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Justin Schmith
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