FOR SALE
$270,000

42 Cobblestone Street
Bunbury WA 6230

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Busy Cafe - Bunburys Prime Waterfront Location (PRICE REDUCED)

Exclusive Opportunity: Own the Water Edge Cafe in Bunbury's Prime Waterfront Location
Attention aspiring restaurateurs!....Are you ready to take the reins of a thriving hospitality business in one of Bunbury's most stunning locations? The Water Edge Cafe, a gem in the heart of the city with breathtaking water views, is now on the market, offering a once-in-a-lifetime opportunity for aspiring restaurateurs and seasoned hospitality professionals alike.
The Water Edge Cafe is a well-established business with a sterling reputation, reflected in its glowing online reviews and loyal customer base. Situated on a spacious property with ample indoor and outdoor seating, this cafe is perfectly designed to provide an exceptional dining experience. Whether it's a casual brunch, a business meeting, or a special celebration, customers are drawn to the beautiful setting and inviting atmosphere.
Currently operated under management, the cafe benefits from an efficient team that keeps the operations smooth. The owner, an experienced chef, occasionally steps in during busy times, adding a personal touch that enhances the overall experience. This setup is ideal for a hands-on owner-operator with a passion for hospitality, offering a chance to inject your creativity and vision into the business.
Imagine transforming this already successful cafe into your dream hospitality venue. The Water Edge Cafe features a large conference room, frequently booked for corporate events, weddings, and special occasions. Equipped with media projectors, this versatile space presents an excellent opportunity to increase bookings and boost profits.
But that's not all the cafe's prime location on the water's edge, with a total standing capacity of up to 400 people, offers endless possibilities for growth. Approved plans for an additional undercover area at the front of the cafe will provide extra seating and enable year-round trade, perfect for hosting outdoor evening events with stunning water views. Picture the buzz and atmosphere as customers enjoy cocktails on a Friday night as the sun sets over the water an irresistible draw for Bunbury's vibrant nightlife scene.
The opportunities to extend trading hours, expand the menu, and enhance the overall customer experience are boundless. With the expected population growth in the South West, this business is poised for significant growth, making it a lucrative investment for the right buyer.
The Sellers have just reduced the price significantly to move this on as they have other ventures they would like to focus attention. So, don't let this exceptional opportunity slip through your fingers. The Water Edge Cafe is more than just a business it's a chance to create a lasting legacy in Bunbury's bustling hospitality scene. Contact Tim O'Sullivan today to express your interest, request an information pack, and secure your chance to own this remarkable cafe.
*Important Note: The sellers reserve the right to sell at any time without notice. To avoid disappointment, contact the selling agent and express your interest now.
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Property Details for 42 Cobblestone St, Bunbury

Building Type
Commercial

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About Bunbury 6230

The size of Bunbury is approximately 4.6 square kilometres. It has 18 parks covering nearly 18.9% of total area. The population of Bunbury in 2011 was 3,629 people. By 2016 the population was 3,758 showing a population growth of 3.6% in the area during that time. The predominant age group in Bunbury is 50-59 years. Households in Bunbury are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Bunbury work in a professional occupation. In 2011, 53.5% of the homes in Bunbury were owner-occupied compared with 58% in 2016.

Bunbury has 3,232 properties. Over the last 5 years, Houses in Bunbury have seen a 60.30% increase in median value, while Units have seen a 99.54% increase. As at 31 July 2024:

  • The median value for Houses in Bunbury is $680,148 while the median value for Units is $478,746.
  • Houses have a median rent of $570 while Units have a median rent of $600.
There are currently 43 properties listed for sale, and 15 properties listed for rent in Bunbury on OnTheHouse. According to CoreLogic's data, 191 properties were sold in the past 12 months in Bunbury.

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Tim O'Sullivan
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Brent Spooner
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LJ Hooker Property South West WA
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