Waterfront restaurant / function centre and kiosk for sale Sydney
Recently renovated waterfront restaurant for sale with separate kiosk located on top of a marina in the inner west of Sydney (approx 15km from the CBD or Parramatta). Boasting unobstructed 270-degree water views up and down Sydney Harbour this venue has been rebirthed as a profitable turnkey operation with a solid reputation as a wedding and function venue centre. The unique ambience and quality of service has earned the business an enviable reputation as a local favorite for food lovers. The cuisine is Modern Australian and the look and feel is one of a casual fine dining establishment.
The Kiosk is located at the front of the marina and is operated separate to the restaurant and provides a secondary income for the business selling coffee, sandwiches and hot food. Established in 1994 this business has seen solid growth in times of GFC and is awaiting a new owner to invest in taking it to the next level.
The size of Cabarita is approximately 0.5 square kilometres. It has 4 parks covering nearly 26.2% of total area. The population of Cabarita in 2011 was 1,928 people. By 2016 the population was 1,970 showing a population growth of 2.2% in the area during that time. The predominant age group in Cabarita is 60-69 years. Households in Cabarita are primarily childless couples and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in Cabarita work in a professional occupation. In 2011, 79.3% of the homes in Cabarita were owner-occupied compared with 80.7% in 2016.
Cabarita has 968 properties. Over the last 5 years, Houses in Cabarita have seen a 43.49% increase in median value, while Units have seen a 43.42% increase. As at 31 October 2024:
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