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39a Gregory Street
North Ward QLD 4810

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Aussie Thai Fusion Thriving Restaurant Opportunity in Townsville

Phone enquiries - please quote property ID 35648.
An exceptional opportunity to own and operate Aussie Thai Fusion, a well-established restaurant in the heart of Townsville. Renowned for its unique fusion of Australian and Thai flavors, this beloved eatery has been a local favourite for the past 9yrs, with loyal clientele & repeat business.
Whether you're an experienced restaurateur or an aspiring entrepreneur, this turnkey business offers a proven track record and the perfect platform for continued success.
Key Features:
• Established Reputation: Known for its delicious Aussie-Thai fusion cuisine, the restaurant has garnered glowing reviews on TripAdvisor and Google, earning a solid customer base.
Excellent online presence.
• Prime Location: Centrally situated in Townsville, providing excellent foot traffic and easy accessibility for locals and tourists alike.
• Flexible Lease Terms: 2-3 years remaining on the lease, with the option to extend, offering security and flexibility for the new owner.
• Experienced Support: Owner is available to stay on & upskill new owner, ensuring a smooth transition and valuable insights into the business operations.
• Proven Profitability: A consistent performer with strong repeat business, making it a reliable and sustainable investment.
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Property Details for 39a Gregory St, North Ward

Building Type
Commercial

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About North Ward 4810

The size of North Ward is approximately 2.4 square kilometres. It has 8 parks covering nearly 19% of total area. The population of North Ward in 2011 was 5,099 people. By 2016 the population was 5,060 showing a population decline of 0.8% in the area during that time. The predominant age group in North Ward is 20-29 years. Households in North Ward are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in North Ward work in a professional occupation. In 2011, 36.3% of the homes in North Ward were owner-occupied compared with 35.2% in 2016.

North Ward has 3,970 properties. Over the last 5 years, Houses in North Ward have seen a 28.57% increase in median value, while Units have seen a 56.04% increase. As at 30 November 2024:

  • The median value for Houses in North Ward is $758,578 while the median value for Units is $429,535.
  • Houses have a median rent of $450 while Units have a median rent of $430.
There are currently 25 properties listed for sale, and 32 properties listed for rent in North ward on OnTheHouse. According to CoreLogic's data, 247 properties were sold in the past 12 months in North ward.

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