SOLD
Sold on 03 Jun 2024 for $1,500,000

189 Guildford Road
Maylands WA 6051

Bedrooms: 1
Bathrooms: 1
Car spaces: -
Floor area: 170m2
Land area: 365m2
Sold By
John Caputo
Perth Realty Group
Save

Property Details for 189 Guildford Rd, Maylands

Building Type
Commercial
Floor Size
170m2
Land Size
365m2
Local Government
Bayswater
Lot/Plan
35/P002164

Last Listing description (August 2024)

Mixed-use zoning Building & Business For Sale all inclusive:

No matter what time of the day or night you drive past this Cafe, it's always busy with locals enjoying a coffee, couples on dates and groups devouring gourmet wood-fired pizzas. Primely located on Guildford Road, this iconic caf is passed by over 28,000 people from Monday to Sunday every single week.

Combined with its outstanding reputation and location, this thriving long-standing caf since 1999 & the building has come on the market and the opportunities are endless.

Situated in a single-level 230sqm building with indoor dining, covered and wrap-around alfresco dining, a bar, a wood-fired pizza oven, an industrial kitchen with a grease trap, and a cool room across 364sqm of prime real estate. The hardwood flooring, high ceilings, bench seating and wall art sets the tone for large and intimate gatherings from 7am to 10pm seven days a week.

The exposure and signage alone offer enormous potential, plus the opportunity to elevate the business, which currently turns over $2 Million in sales.

This Cafe is primely located on the bus route along Guildford Road, and the Maylands Train Station is only a short walk away; plus there is ample off-street parking within the precinct. Perth's CBD, the Swan River, Optus Stadium, Graham Freeway entrance and the Perth Airport are only a few minutes away. With a range of nearby parks, many enjoy taking away their coffees and meals to enjoy in the great outdoors, compliments of Perth's year-round mild climate, or in the offices of the many surrounding businesses.

Zoned within the dynamic City of Bayswater and the Maylands Activity Centre Zone (RAC0), please don't hesitate to contact John Caputo on 0433 158 384 for more details today.

Property features:

Option to buy Freehold Building & Business in prime corner location in the Maylands restaurant & cafe precinct - potential to build x5 Storys
Restaurant Liquor License included
Long-standing Caf business for sale plus the Building.
Incredible exposure and signage
Over 28,000 passing people between Monday to Sunday every week
Business currently turns over approx $2 Mill in sales P/A
Single-level 230sqm building
Indoor and covered alfresco dining
Commercial kitchen with a cool room and a grease trap
Wood-fire pizza oven
Over $150k recent renovation.
Well-equipped bar
364sqm block includes indoor and alfresco dining
Situated on key thoroughfare roads to Perth's CBD and the Graham Farmer Freeway entrance
Zoned within the City of Bayswater and Maylands Activity Centre Zone
Business sold as a going concern - Price includes the Business and the Building.
* Current business owner open to lease back.
* Buy the Building & the Business all inclusive from $1,890,000

Please call John Caputo for more information.

Location highlights:

36m to the closest bus stop on Guildford Road
300m to the Maylands Train Station
900m to Bardon Park and the Swan River
3km to Graham Farmer Freeway
3.6km to Optus Stadium
4km to Perth's CBD
11km to the Perth Airport

Property History for 189 Guildford Rd, Maylands, WA 6051

A timeline of how this property has performed in the market
Last Sold
$1,500,000
03 Jun 2024
  • 06 Jun 2024
    Listed for Sale From $1,490,000
  • 03 Jun 2024
    Sold for $1,500,000
  • 22 Jun 2023
    Listed for Sale From $1,490,000
Sign in to see more transactions

Commute Calculator

About Maylands 6051

The size of Maylands is approximately 5 square kilometres. It has 18 parks covering nearly 30.3% of total area. The population of Maylands in 2011 was 12,353 people. By 2016 the population was 12,577 showing a population growth of 1.8% in the area during that time. The predominant age group in Maylands is 30-39 years. Households in Maylands are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Maylands work in a professional occupation. In 2011, 45.8% of the homes in Maylands were owner-occupied compared with 47.9% in 2016.

Maylands has 8,406 properties. Over the last 5 years, Houses in Maylands have seen a 72.14% increase in median value, while Units have seen a 84.26% increase. As at 31 October 2024:

  • The median value for Houses in Maylands is $970,041 while the median value for Units is $494,274.
  • Houses have a median rent of $760 while Units have a median rent of $510.
There are currently 73 properties listed for sale, and 12 properties listed for rent in Maylands on OnTheHouse. According to CoreLogic's data, 525 properties were sold in the past 12 months in Maylands.

Suburb Insights for Maylands 6051

Market Insights
Maylands Trends for Houses
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
Maylands Trends for Units
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
Neighbourhood Insights
Age
Household
Occupancy
No data to show
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.