FOR SALE
$115,000 + SAV

Contact Agent For Address
Wickham NSW 2293

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Popular Takeaway Shop In The Heart Of Newcastle

Raine and Horne Commercial are excited to market a very rare five day per week takeaway business with short hours, no weekend work and one of the most reasonable rents in inner city Newcastle!
An excellent long-established icon in the same location for over 40 years (only a few different owners in that time) in close proximity to Newcastle's inner-city industrial area (Wickham/Maryville). The operation is positioned on a main arterial road just minutes from Newcastle's harbour foreshore and pristine beaches, making it a must stop for passing hungry patrons, tradies, beachgoers & loyal local businesses.
The shop has a great fit out/floor area with a spacious cooking/kitchen area and a huge list of plant & equipment that is included with the business.
Expansion of the current menu would further grow its already loyal customer base and with its prominent position the business has the potential to expand/diversify into other food lines or cuisines if the new owners want to explore other menu options.
Current trading hours are just 5 days per week Monday - Friday (currently not open on the weekend) with the option to open weekends to further increase revenue. There is also the opportunity to open later in the afternoons/evenings (especially in the summertime).
A keen working couple and dedicated owners could make real money here and continue to grow this already successful operation.
This is your chance to own your own piece of one of Newcastle's best located takeaways.
An unbelievable opportunity and a must inspect!!

Property Details for Contact Agent For Address, Wickham

Building Type
Commercial

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About Wickham 2293

The size of Wickham is approximately 0.7 square kilometres. It has 3 parks covering nearly 17.7% of total area. The population of Wickham in 2011 was 953 people. By 2016 the population was 1,108 showing a population growth of 16.3% in the area during that time. The predominant age group in Wickham is 20-29 years. Households in Wickham are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Wickham work in a professional occupation. In 2011, 44.8% of the homes in Wickham were owner-occupied compared with 43.3% in 2016.

Wickham has 1,668 properties. Over the last 5 years, Houses in Wickham have seen a 56.36% increase in median value, while Units have seen a 24.32% increase. As at 31 October 2024:

  • The median value for Houses in Wickham is $1,059,227 while the median value for Units is $773,182.
  • Houses have a median rent of $680 while Units have a median rent of $700.
There are currently 14 properties listed for sale, and 2 properties listed for rent in Wickham on OnTheHouse. According to CoreLogic's data, 78 properties were sold in the past 12 months in Wickham.

Suburb Insights for Wickham 2293

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Brad Wallace
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Raine & Horne Newcastle
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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.