FOR SALE
$490000.00

Buckley Street
Footscray VIC 3011

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Own a Piece of Melbourne's Inner West: Established 100-seat Italian Restaurant for Sale - Footscray

Calling all passionate restaurateurs! This is your chance to own a well-established Italian restaurant in a prime location in Melbourne's inner west. Hit the ground running and start making a great income from day one!
Why This Opportunity is Unbeatable:
• Prime Location: Ideally positioned for high foot traffic and excellent visibility.
• Proven Success: Established business with a consistent track record and loyal clientele.
• High Turnover: Generates a healthy $30,000 per week in revenue.
• Warm & Inviting Atmosphere: Welcoming ambience that sets the stage for memorable dining experiences.
• Indoor & Outdoor Seating: The restaurant caters to diverse customer preferences with both indoor and outdoor seating options.
• Tremendous Value: This business offers exceptional value for your investment.
• Spacious & Well-Equipped: Ample space for comfortable dining and a fully equipped kitchen featuring a pizza oven.
• Highly Popular: A favorite among locals, ensuring a steady customer base.
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Property Details for Buckley St, Footscray

Building Type
Commercial

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About Footscray 3011

The size of Footscray is approximately 5 square kilometres. It has 25 parks covering nearly 15.1% of total area. The population of Footscray in 2011 was 13,202 people. By 2016 the population was 16,336 showing a population growth of 23.7% in the area during that time. The predominant age group in Footscray is 20-29 years. Households in Footscray are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Footscray work in a professional occupation. In 2011, 42% of the homes in Footscray were owner-occupied compared with 36.6% in 2016.

Footscray has 14,413 properties. Over the last 5 years, Houses in Footscray have seen a -2.37% decrease in median value, while Units have seen a 11.37% increase. As at 30 November 2024:

  • The median value for Houses in Footscray is $878,488 while the median value for Units is $500,425.
  • Houses have a median rent of $570 while Units have a median rent of $500.
There are currently 110 properties listed for sale, and 42 properties listed for rent in Footscray on OnTheHouse. According to CoreLogic's data, 562 properties were sold in the past 12 months in Footscray.

Suburb Insights for Footscray 3011

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Sanjeev Sharma
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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.