FOR SALE
$65,000

3/471-475 Varley Street
Yorkeys Knob QLD 4878

Bedrooms: -
Bathrooms: -
Car spaces: 1
Floor area: 76m2
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VILLAGE ON VARLEY | BUSINESS

Proudly presented by Ray White Cairns & Beaches, this commercial opportunity allows a new business owner to benefit from a well-established business with all necessary licenses and approvals in place. The property includes a fully equipped kitchen featuring a modern stainless-steel setup and a large extraction system installed less than five years ago.
All the hard work to set up the business from scratch has been done. The owner is selling the business, which includes an extensive inventory, for a walk-in, walk-out price of $65,000 (included in the list price). Popular with the locals, this business has ample opportunity for growth with extended hours and the addition of a delivery service. Potential longer trading hours could increase revenue for this well-known takeaway.
Options are available to buy the business for $65,000 (neg) and secure a lease or purchase the freehold shop for $265,000.
Current trading hours are 3:30 to 8:30 PM, Monday, Wednesday to Saturday. The restaurant can seat 20 in air-conditioned comfort and operates on a BYO basis. Extra seating is also approved and used directly outside the shop. Wheelchair access and ample parking are available.
This fabulous beach suburb is highly popular, being only 15 minutes from Cairns Centre and the International Airport. Village on Varley is a well-established shopping hub and a meeting place for locals. The owner is ready for retirement, would like to spend more time traveling, and is willing to sell on a walk-in, walk-out basis, with availability for any required handover period.
For further details and to arrange an inspection, please contact exclusive agent Susan Cooper.
Disclaimer: All information contained is gathered from sources we believe to be reliable. In preparation of this advertisement our best endeavours have been made to ensure the information contained is true and accurate. However, we accept no responsibility and disclaim all liability in respect to any errors, omissions, inaccuracies, or misstatements contained. Prospective purchasers are encouraged to make their own enquiries to verify the information contained in this advertisement.

Property Details for 3/471-475 Varley St, Yorkeys Knob

Building Type
Commercial
Floor Size
76m2

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About Yorkeys Knob 4878

The size of Yorkeys Knob is approximately 11.3 square kilometres. It has 8 parks covering nearly 3.5% of total area. The population of Yorkeys Knob in 2011 was 2,765 people. By 2016 the population was 2,749 showing a population decline of 0.6% in the area during that time. The predominant age group in Yorkeys Knob is 50-59 years. Households in Yorkeys Knob are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Yorkeys Knob work in a professional occupation. In 2011, 43.6% of the homes in Yorkeys Knob were owner-occupied compared with 41.8% in 2016.

Yorkeys Knob has 1,868 properties. Over the last 5 years, Houses in Yorkeys Knob have seen a 43.90% increase in median value, while Units have seen a 71.83% increase. As at 30 November 2024:

  • The median value for Houses in Yorkeys Knob is $566,501 while the median value for Units is $394,634.
  • Houses have a median rent of $535 while Units have a median rent of $450.
There are currently 26 properties listed for sale, and 4 properties listed for rent in Yorkeys knob on OnTheHouse. According to CoreLogic's data, 112 properties were sold in the past 12 months in Yorkeys knob.

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