FOR SALE
$159,000- WIWO

Springvale Road
Nunawading VIC 3131

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Profitable Indian Restaurant for Sale - Nunawading $159,000 + SAV

Own a Slice of India in Nunawading
Are you passionate about Indian cuisine and eager to own a thriving business? Look no further! This well-established Indian restaurant in the heart of Nunawading is now available for purchase.
Key Features:
• Prime Location: Benefit from high foot traffic and excellent visibility in the bustling Nunawading area.
• Proven Success: Enjoy a strong reputation for authentic Indian flavours and exceptional customer service.
• Fully Equipped Kitchen: Modern kitchen with top-of-the-line equipment to create culinary delights.
• Inviting Dining Area: Comfortable 50 seating and stylish decor create a welcoming atmosphere.
• Strong Online Presence: Leverage an established website and social media following.
• Dedicated Team: Experienced staff committed to delivering outstanding service.
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Property Details for Springvale Rd, Nunawading

Building Type
Commercial

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About Nunawading 3131

The size of Nunawading is approximately 5.1 square kilometres. It has 23 parks covering nearly 4.1% of total area. The population of Nunawading in 2011 was 10,945 people. By 2016 the population was 11,863 showing a population growth of 8.4% in the area during that time. The predominant age group in Nunawading is 30-39 years. Households in Nunawading are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Nunawading work in a professional occupation. In 2011, 70.1% of the homes in Nunawading were owner-occupied compared with 68.1% in 2016.

Nunawading has 6,908 properties. Over the last 5 years, Houses in Nunawading have seen a 20.78% increase in median value, while Units have seen a 8.90% increase. As at 30 September 2024:

  • The median value for Houses in Nunawading is $1,181,107 while the median value for Units is $694,143.
  • Houses have a median rent of $600 while Units have a median rent of $500.
There are currently 16 properties listed for sale, and 16 properties listed for rent in Nunawading on OnTheHouse. According to CoreLogic's data, 261 properties were sold in the past 12 months in Nunawading.

Suburb Insights for Nunawading 3131

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Sanjeev Sharma
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Ray White Point Cook
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Disclaimer
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.