FOR SALE
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Adelaide SA 5000

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Business for Sale - Significant Restaurant

This highly regarded business has quickly emerged as a beloved local hotspot. Initially gaining popularity for its vibrant diner ambiance and focus on creating a dining experience, the business continues to innovate and expand its offerings in maintaining its edge in the local dining scene.
The success of this establishment is built on creating a welcoming atmosphere where family and friends can come together to enjoy delicious cuisine. The business emphasises the use of high-quality ingredients and offers a diverse menu, including options for those with dietary requirements. With its lively atmosphere, flavoursome dishes, well-curated selection of beverages and desserts, this business provides a unique dining experience that draws customers from all over Adelaide.
Known for its exceptional service and quality dining experience, it has become a go-to destination for both casual meals and special occasions. The restaurant's ability to seamlessly transition from a family-friendly eatery to a lively social space makes it versatile and appealing to a wide range of customers.
This business is now poised for new ownership to take this highly popular establishment to the next level. This is a unique opportunity to build on a strong foundation of excellence and continue the success of this outstanding business.
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 visibility
• 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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Steve Kurtzer
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Brett Buckley
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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.