FOR SALE
Offers Above $150,000

109b Lockyer Avenue
Albany WA 6330

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OUTSTANDING ALBANY LUNCHBAR & CATERING BUSINESS

With an already well-established reputation for quality take-away food and outside catering, this successful lunch bar/catering kitchen situated in a high-profile city location, is ready to take to the next level.
It will be sold on a walk-in, walk-out basis backed by very attractive figures and high returns on investment.
Aside from the popular in-house takeaway breakfasts, brunches and lunches offered, this business also features a busy catering arm, which encompasses pick-up orders from corporate entities and home care providers, and bulk food orders from the agriculture sector.
There is key potential to expand services and trading hours in both areas of the business, with home and work deliveries just one aspect that could be considered.
This business operates out of a modern leased premise, which includes a spacious, well-appointed stainless-steel commercial kitchen that has had numerous upgrdaes in the last 12 months, with excellent cool room, food store, benchtop and other facilities.
Plant and equipment including new additions will be included in the sale, and
good lease terms on the building are in place.
There is also ample front and rear off-street parking available.
Get off to a great start in business in 2024.
For more detailed information or to arrange a private viewing please contact Darren Leslie on 0414 888 244 or email darren.leslie@raywhite.com or
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Property Details for 109b Lockyer Ave, Albany

Building Type
Commercial

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About Albany 6330

The size of Albany is approximately 2.4 square kilometres. It has 6 parks covering nearly 8.1% of total area. The population of Albany in 2011 was 1,463 people. By 2016 the population was 1,310 showing a population decline of 10.5% in the area during that time. The predominant age group in Albany is 60-69 years. Households in Albany are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Albany work in a professional occupation. In 2011, 60.3% of the homes in Albany were owner-occupied compared with 61.7% in 2016.

Albany has 1,367 properties. Over the last 5 years, Houses in Albany have seen a 62.11% increase in median value, while Units have seen a 6.07% increase. As at 31 October 2024:

  • The median value for Houses in Albany is $603,611 while the median value for Units is $247,983.
  • Houses have a median rent of $485 while Units have a median rent of $350.
There are currently 23 properties listed for sale, and 6 properties listed for rent in Albany on OnTheHouse. According to CoreLogic's data, 47 properties were sold in the past 12 months in Albany.

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Darren Leslie
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Rhett Bull
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Ray White Albany
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