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Park Grove TAS 7320

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Thriving Cafe for Sale Iconic Location, Loyal Customers, Ready for Growth

Phone enquiries - please quote property ID 34606.
This is an incredible opportunity to purchase a successful, well-established, and hugely popular
hospitality venue in a fast-growing region. This iconic venue is considered one of the premier
cafes in the area boasting an outstanding reputation, loyal customers, quality offerings and
strong community support. With a fantastic premise, fully streamlined digital systems,
organic growth, and a highly skilled team including reliable management the business is
positioned perfectly for expansion with clear avenues for growth.
The Secret Buddha Cafe is regarded as one of Park Groves and Burnies premier hospitality
venues have garnered an incredible reputation and strong following since its inception.
Nestled beside a picturesque nursery, the relaxing cafe is a community hub offering a
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Property Details for Contact Agent For Address, Park Grove

Building Type
Commercial

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About Park Grove 7320

The size of Park Grove is approximately 2.1 square kilometres. It has 7 parks covering nearly 4.2% of total area. The population of Park Grove in 2011 was 2,358 people. By 2016 the population was 2,391 showing a population growth of 1.4% in the area during that time. The predominant age group in Park Grove is 10-19 years. Households in Park Grove are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Park Grove work in a professional occupation. In 2011, 78.1% of the homes in Park Grove were owner-occupied compared with 77.2% in 2016.

Park Grove has 1,253 properties. Over the last 5 years, Houses in Park Grove have seen a 67.59% increase in median value, while Units have seen a 55.61% increase. As at 30 November 2024:

  • The median value for Houses in Park Grove is $553,390 while the median value for Units is $370,214.
  • Houses have a median rent of $485 while Units have a median rent of $373.
There are currently 6 properties listed for sale, and 1 property listed for rent in Park grove on OnTheHouse. According to CoreLogic's data, 39 properties were sold in the past 12 months in Park grove.

Suburb Insights for Park Grove 7320

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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.