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Moe VIC 3825

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QUALITY ITALIAN

Phone enquiries - please quote property ID 30348.
A rare opportunity exists for a very fortunate new owner to purchase this iconic food business in Moe which has been successfully operating for 30+ yrs providing a good, consistent income stream for the owners.
The café is a very high quality going concern and is located in a very well-known street in Moe which is close to Safeway Supermarket, good public transport, a medical clinic, a public library and other surrounding food outlets. The location is perfect ensuring constant foot traffic throughout any given day.
Renowned for its quality Italian cuisine, customers can eat in or take away. The premises have a seating capacity for 50 patrons eager to dine in, giving the new owner the opportunity to extend trading hours during the week and on weekends. The extended trading hours would also give plenty of scope to increase the current income stream for the new owner. (The business currently trades Mon-Thurs from 9.00 – 6.00 pm and Friday from 9.00 am to 8.00 pm).
This business is being sold with specialised food equipment, including:
* Pasta Machines
* Combi-oven
* Fryer
* Pasta Cooker
* Microwaves
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Property Details for Contact Agent For Address, Moe

Building Type
Commercial

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About Moe 3825

The size of Moe is approximately 18.2 square kilometres. It has 28 parks covering nearly 7.1% of total area. The population of Moe in 2011 was 8,750 people. By 2016 the population was 8,792 showing a population growth of 0.5% in the area during that time. The predominant age group in Moe is 60-69 years. Households in Moe are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Moe work in a trades occupation. In 2011, 61.2% of the homes in Moe were owner-occupied compared with 61.3% in 2016.

Moe has 6,464 properties. Over the last 5 years, Houses in Moe have seen a 73.36% increase in median value, while Units have seen a 56.93% increase. As at 31 July 2024:

  • The median value for Houses in Moe is $356,954 while the median value for Units is $282,799.
  • Houses have a median rent of $368 while Units have a median rent of $278.
There are currently 59 properties listed for sale, and 7 properties listed for rent in Moe on OnTheHouse. According to CoreLogic's data, 247 properties were sold in the past 12 months in Moe.

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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.