OFF MARKET

SQUARE/247 Trower Road
Casuarina NT 0810

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Property Details for Square/247 Trower Rd, Casuarina

Building Type
Commercial
Local Government
Darwin

Last Listing description (February 2014)

Sumo Salad Franchise HUGE EARNER
Location: Northern Territory
Turnover: $1,000,000+ for FY2013

Established: 2011
Asking Price: $395,000 + SAV
A prime opportunity exists for you to purchase a near new Sumo Salad franchise in a busy Shopping Centre boasting more than 180 specialty retailers and parking for 2,400 cars.
Sumo Salad is a leading player in the dynamic Quick Service Restaurant market offering a comprehensive range of delicious and nutritious gourmet mix and match salads, toasted and cold wraps, long rolls, toasties, pastas and risotto, hearty soups, fruit salad, yoghurt, coffee and other beverages.
This prominently located, very high turnover kiosk style store is at the entrance of a large shopping centre food court with ample seating and close to many popular retailers including Kmart, Big W, Woolworths, Coles and JB Hi-Fi. The present owners onsite contribution consists of only forty hours per week.
An incoming owner operator has an ideal opportunity to further increase revenue by improving general store efficiency, streamlining both staffing levels and cost of goods. Attractive lease options are offered with the current franchise agreement expiring in September 2017.

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Property History for Square/247 Trower Rd, Casuarina, NT 0810

A timeline of how this property has performed in the market
  • 27 Feb 2014
    Listed for Sale $395,000

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About Casuarina 0810

The size of Casuarina is approximately 0.4 square kilometres. It has 2 parks covering nearly 7.4% of total area. The population of Casuarina in 2011 was 11 people. By 2016 the population was 323 showing a population growth of 2836.4% in the area during that time. The predominant age group in Casuarina is 20-29 years. Households in Casuarina are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Casuarina work in a community and personal service occupation. In 2006, 66.6% of the homes in Casuarina were owner-occupied compared with 22.6% in 2016..

Casuarina has 351 properties. Over the last 5 years, Units in Casuarina have seen a -5.35% decrease in median value. As at 31 October 2024:

  • The median value for Houses in Casuarina is $435,466 while the median value for Units is $348,606.
There are currently 1 property listed for sale, and 1 property listed for rent in Casuarina on OnTheHouse. According to CoreLogic's data, 2 properties were sold in the past 12 months in Casuarina.

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