SOLD
Sold on 24 Jun 2024 for $430,000

322 St Leonards Road
St Leonards TAS 7250

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 114m2
Land area: 607m2
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Property Details for 322 St Leonards Rd, St Leonards

Building Type
Commercial
Year Built
1969
Floor Size
114m2
Land Size
607m2
Local Government
Launceston
Lot/Plan
1/48714

Last Listing description (October 2024)

We are excited to present St L's Cafe Restaurant, a beloved establishment nestled in the heart of St Leonards. For over several decades, this cafe has been a cherished part of the community.

Currently operated by a family, St L's Cafe has cultivated a loyal following among locals who appreciate its warm atmosphere and delicious offerings. From its inviting indoor seating to its charming outdoor area, the cafe provides the perfect setting for patrons to relax and enjoy their meals.

The kitchen is equipped with everything needed for efficient operations, including a spacious walk-in cool room, walk-in freezer, and convenient dry storage. Situated near local industries/ businesses, schools, local pub and local IGA, the cafe benefits from steady foot traffic, ensuring a constant flow of customers throughout the day.

One of the standout features of St L's Cafe is its unique position in the market. Specializing in kebabs with no direct competition in the surrounding suburbs, the cafe offers a one-of-a-kind dining experience that keeps customers coming back for more.

Currently trading 6 days per week.

There is huge potential for an experienced operator to elevate and take business to next level.

Historically this business was turning over approx $6900 per week.

Interested in learning more? Fill out a confidentiality agreement and schedule an inspection today to see firsthand what St L's Cafe has to offer.

For more information or to arrange a private viewing of this remarkable property, contact Praveen Pant 0432 256 682, or contact Paul Scott at 0477 771 098 email: praveenp@tasbps.com.au

INTENDING PURCHASERS TO MAKE THEIR OWN INVESTIGATIONS AND ENQUIRIES IN RELATION TO THE BUSINESS AND NOT TO RELY UPON WARRANTY OR STATEMENT MADE BY THE VENDOR OR BY ANYONE ON HIS/HER BEHALF.

NOTE: All figures are approximate.

Property Code: 1719

Property History for 322 St Leonards Rd, St Leonards, TAS 7250

A timeline of how this property has performed in the market
Last Sold
$430,000
24 Jun 2024
  • 14 Aug 2024
    Listed for Sale OFFERS OVER $59,000+SAV
  • 24 Jun 2024
    Sold for $430,000
  • 04 Apr 2024
    Listed for Sale OFFERS OVER $59,000+SAV
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About St Leonards 7250

The size of St Leonards is approximately 44.7 square kilometres. It has 5 parks covering nearly 0.6% of total area. The population of St Leonards in 2011 was 1,924 people. By 2016 the population was 1,996 showing a population growth of 3.7% in the area during that time. The predominant age group in St Leonards is 0-9 years. Households in St Leonards are primarily couples with children and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in St Leonards work in a trades occupation. In 2011, 75% of the homes in St Leonards were owner-occupied compared with 76.3% in 2016.

St Leonards has 1,117 properties. Over the last 5 years, Houses in St Leonards have seen a 89.99% increase in median value, while Units have seen a 70.49% increase. As at 30 September 2024:

  • The median value for Houses in St Leonards is $537,835 while the median value for Units is $388,235.
  • Houses have a median rent of $445 while Units have a median rent of $365.
There are currently 15 properties listed for sale, and no properties listed for rent in St leonards on OnTheHouse. According to CoreLogic's data, 52 properties were sold in the past 12 months in St leonards.

Suburb Insights for St Leonards 7250

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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.