FOR SALE
$429,000 + SAV

Contact Agent For Address
Tugun QLD 4224

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Tugun Landmark Cafe Hits The Market

Seize the opportunity to own a highly successful and beloved cafe and coffee shop located in the vibrant community of Tugun, QLD. With over 10 years of profitable operations, this local-focused business has established itself as a cornerstone of the community.
Key Highlights Include:
• High Coffee Sales, Averaging over 50+ KG of coffee per week, highlighting the cafe's popularity and strong demand for its premium coffee offerings.
• Strong Financial Performance, Achieving a weekly turnover of $25,000 - $28,000, showcasing the business's consistent and impressive revenue generation.
• 10+ Years in Business, This well-established cafe has been serving the Tugun community for over a decade, earning a stellar reputation and a devoted customer base.
• Increasing Profits, Enjoy peace of mind with a proven track record of increasing profits year on year, showcasing the business's strong financial health and growth potential.
• Friendly Staff, Benefit from a dedicated team of friendly and experienced staff who are committed to providing exceptional service and maintaining the cafe's welcoming atmosphere.
• Indoor-Outdoor Seating, The cafe comfortably accommodates 60 seated, allowing patrons to enjoy their coffee and meals in a relaxed and inviting environment.
• Good Lease Terms, Secure favourable lease terms, ensuring long-term stability and the ability to continue thriving in this prime location.
• Prime Location, Located in the heart of Tugun, this cafe attracts a steady stream of customers from both locals and tourists year-round.
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Property Details for Contact Agent For Address, Tugun

Building Type
Commercial

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About Tugun 4224

The size of Tugun is approximately 3 square kilometres. It has 15 parks covering nearly 20.5% of total area. The population of Tugun in 2011 was 5,975 people. By 2016 the population was 6,594 showing a population growth of 10.4% in the area during that time. The predominant age group in Tugun is 50-59 years. Households in Tugun are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Tugun work in a professional occupation. In 2011, 58.9% of the homes in Tugun were owner-occupied compared with 62.5% in 2016.

Tugun has 3,826 properties. Over the last 5 years, Houses in Tugun have seen a 93.99% increase in median value, while Units have seen a 95.22% increase. As at 31 July 2024:

  • The median value for Houses in Tugun is $1,383,306 while the median value for Units is $1,002,990.
  • Houses have a median rent of $900 while Units have a median rent of $750.
There are currently 25 properties listed for sale, and 8 properties listed for rent in Tugun on OnTheHouse. According to CoreLogic's data, 174 properties were sold in the past 12 months in Tugun.

Suburb Insights for Tugun 4224

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Contact agent
James Mulholland
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Ray White Tugun | Elanora
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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.