FOR SALE
$590,000

40 Renmark Avenue
Renmark SA 5341

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 500m2
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Established Profit - 60 Years in Business

Iconic Riverland Café and Bakehouse - 3 businesses as a whole.
The Renmark Patisserie has been operating in the heart of Renmark for nearly 60 years - always owned and operated by local family's. Featuring indoor and outdoor dining with adjacent parking and, close to the new Harvey Norman store, it is a favourite stop for locals and tourists.
The second outlet is The Pieman's Kitchen. Situated in the very busy location next door to Mitre 10 and the Renmark Plaza, enjoying highway exposure and celebrating 15 years in 2024, it is a perfect addition to the Patisserie.
The 3rd business is the heartbeat for the operation - The Bakehouse. Practically everything sold in the café's is produced in the Bakehouse - pies, pastries, cakes, buns, slices, breads plus many more. Production is completed in 2 shifts - morning and afternoon - no midnight work.
There is also a wholesale component to the Bakehouse as it also supplies product to other local businesses.
There is established staff, some long term who are available to remain in the business.
Renmark is the premier riverside town in the Riverland, sitting proudly on the edge of the River Murray. Located approx. 250 km from Adelaide and 140 km from Mildura.
This business is perfect as a family business or, a dual family business (so grab your friends and get the best out of life), or add to your existing café business, or maybe, if you are tired of working for a boss and want your own business…this shows very attractive profit.

Property Details for 40 Renmark Ave, Renmark

Building Type
Commercial
Land Size
500m2

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About Renmark 5341

The size of Renmark is approximately 14.9 square kilometres. It has 30 parks covering nearly 9.6% of total area. The population of Renmark in 2011 was 4,386 people. By 2016 the population was 4,637 showing a population growth of 5.7% in the area during that time. The predominant age group in Renmark is 60-69 years. Households in Renmark are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Renmark work in a labourer occupation. In 2011, 53.2% of the homes in Renmark were owner-occupied compared with 54.5% in 2016.

Renmark has 2,837 properties. Over the last 5 years, Houses in Renmark have seen a 75.25% increase in median value, while Units have seen a 69.52% increase. As at 30 September 2024:

  • The median value for Houses in Renmark is $357,572 while the median value for Units is $295,676.
  • Houses have a median rent of $380 while Units have a median rent of $260.
There are currently 20 properties listed for sale, and 10 properties listed for rent in Renmark on OnTheHouse. According to CoreLogic's data, 121 properties were sold in the past 12 months in Renmark.

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Warren Andrews
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Andrews Property - SA - Roxby Downs
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