FOR SALE
$650,000 - $700,000

122-124 Melville Street
Numurkah VIC 3636

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 162m2
Land area: 675m2
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Numurkah Café Bar & Restaurant - Turnkey or Lease Back Opportunity

A Unique Opportunity in the Restaurant Industry!
Step into a fully equipped, modern, and well-maintained café bar and restaurant. This establishment boasts a high-quality fit-out and extensive renovations, ensuring a stylish and comfortable setting for your customers.
Features include:
- Comprehensive plant and equipment - everything you need to start immediately!
- Spacious indoor seating area
- Large, inviting outdoor dining space with a relaxed ambiance
- Convenient rear street access and ample storage
- Expansive 675m2 site
The current business owner, who also owns the freehold, is offering a seamless handover with everything included. Choose between taking over the premises with vacant possession or opting for a 3-year lease with two additional 3-year extension options.
Call Connie Young 0428 254 833 or Glenn Young 0438 579 993
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Property Details for 122-124 Melville St, Numurkah

Building Type
Commercial
Floor Size
162m2
Land Size
675m2

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About Numurkah 3636

The size of Numurkah is approximately 194.1 square kilometres. It has 8 parks covering nearly 0.4% of total area. The population of Numurkah in 2011 was 4,767 people. By 2016 the population was 4,481 showing a population decline of 6.0% in the area during that time. The predominant age group in Numurkah is 60-69 years. Households in Numurkah are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Numurkah work in a labourer occupation. In 2011, 71.2% of the homes in Numurkah were owner-occupied compared with 70.4% in 2016.

Numurkah has 2,865 properties. Over the last 5 years, Houses in Numurkah have seen a 62.35% increase in median value, while Units have seen a 22.64% increase. As at 31 July 2024:

  • The median value for Houses in Numurkah is $361,320 while the median value for Units is $250,952.
  • Houses have a median rent of $430 while Units have a median rent of $280.
There are currently 31 properties listed for sale, and 10 properties listed for rent in Numurkah on OnTheHouse. According to CoreLogic's data, 99 properties were sold in the past 12 months in Numurkah.

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Glenn Young
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Youngs & Co Real Estate Pty Ltd - SHEPPARTON
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