FOR SALE
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Contact Agent For Address
Adelaide SA 5000

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Business for Sale - Significant Hospitality Venue

This is a highly-regarded business operating in the hospitality industry. Continuous innovation and diverse service offerings has ensured that the business retains its competitive edge.
The businesses success is founded on creating a welcoming atmosphere where family and friends can come together to enjoy delicious food made from locally sourced producers, local wines and premium drinks. The business offers multiple spaces, each providing a unique dining and social experience.
Highly regarded, customers come from far and wide, drawn by the business's reputation for a quality dining experience and exceptional service. The vibrant atmosphere makes it a go-to destination for both casual dining and special occasions.
This is a unique opportunity to build on a strong foundation of excellence and continue the success of outstanding service and quality. This business is poised for new ownership to acquire this highly-popular establishment and take it to the next level.
Key features include:
• Customer loyalty established
• Well-trained staff
• Highly regarded and popular business in one of Adelaide's premier locations
• Ideal location with high foot traffic
• Strong capacity for growth

Property Details for Contact Agent For Address, Adelaide

Building Type
Commercial

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About Adelaide 5000

The size of Adelaide is approximately 10.2 square kilometres. It has 42 parks covering nearly 50.5% of total area. The population of Adelaide in 2011 was 12,961 people. By 2016 the population was 15,129 showing a population growth of 16.7% in the area during that time. The predominant age group in Adelaide is 20-29 years. Households in Adelaide are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Adelaide work in a professional occupation. In 2011, 31.3% of the homes in Adelaide were owner-occupied compared with 32.4% in 2016.

Adelaide has 17,723 properties. Over the last 5 years, Houses in Adelaide have seen a 57.01% increase in median value, while Units have seen a 24.34% increase. As at 31 October 2024:

  • The median value for Houses in Adelaide is $1,128,901 while the median value for Units is $517,565.
  • Houses have a median rent of $610 while Units have a median rent of $580.
There are currently 177 properties listed for sale, and 83 properties listed for rent in Adelaide on OnTheHouse. According to CoreLogic's data, 999 properties were sold in the past 12 months in Adelaide.

Suburb Insights for Adelaide 5000

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Brett Buckley
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Steve Kurtzer
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RWC Business Sales
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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.