60-74 The Crescent Cheltenham NSW 2119
Property Details for 60-74 The Crescent, Cheltenham
Last Listing description (July 2023)
Grounds for Success - unmissable Cheltenham Recreation Club F&B Opportunity
Established in 1913 at 60-74 The Crescent, Cheltenham, the Cheltenham Recreation Club (CRC) sits on four acres of land with picturesque views from the club house and caf across the bowling and croquet greens.
The Club bar and caf service more than 400 regular members and also enjoy patronage from the wider Beecroft, Cheltenham and Epping communities. Club activities generate approximately 65,000 visits per year.
The CRC vision is to be the prominent local Community Sporting Club with a diverse age and cultural appeal. With this in mind CRC have renovated the caf and kitchen with a view to delivering a quality licensed food and beverage offering with broad appeal, including evening meals in the medium term.
The caf and kitchen operational area is 146.5 sqm including a 70 sqm outdoor covered veranda & 26.5 sqm kitchen. See floor plan for full details.
The CRC is now seeking tenders from interested parties to operate the kitchen and caf with a lease or license term commencing 1 March 2022.
## TENDER APPLICATIONS CLOSED ##
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Disclaimer:
We have obtained all information in this document from sources we believe to be reliable; however, we cannot guarantee its accuracy. Prospective tenants are advised to carry out their own investigations.
Property History for 60-74 The Crescent, Cheltenham, NSW 2119
- 20 Oct 2021Listed for Rent - Price not available
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About Cheltenham 2119
The size of Cheltenham is approximately 1.7 square kilometres. It has 12 parks covering nearly 24.8% of total area. The population of Cheltenham in 2011 was 2,066 people. By 2016 the population was 2,259 showing a population growth of 9.3% in the area during that time. The predominant age group in Cheltenham is 50-59 years. Households in Cheltenham are primarily couples with children and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in Cheltenham work in a professional occupation. In 2011, 89.8% of the homes in Cheltenham were owner-occupied compared with 88.6% in 2016.
Cheltenham has 851 properties. Over the last 5 years, Houses in Cheltenham have seen a 81.81% increase in median value, while Units have seen a 45.22% increase. As at 31 October 2024:
- The median value for Houses in Cheltenham is $2,660,740 while the median value for Units is $1,605,699.
- Houses have a median rent of $900.
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