E.O.I
About this Property
Off Market Group is pleased to extend a unique opportunity to acquire Newstead’s premier destination for bottomless brunch, drinks, and eats.
This exceptional restaurant, situated in the heart of Newstead Precinct, boasts a turnover of 2 million+, an expansive 338m² licensed area, and a full commercial kitchen. With nothing to spend and a 2+ million fit-out, this turnkey operation under management is ready for a motivated operator. Featuring an 18-year strong tenure lease, excellent exposure, and seating capacity for 150+, this prime location is priced to sell well below the replacement costs of the fit-out.
Seize this opportunity to own a thriving business in one of Newstead’s most sought-after locations!
KEY HIGHLIGHTS:
- Turnover 2 million +
 - Newstead Precinct Prime Location
 - Nothing To Spend
 - Full Commercial Kitchen
 - 338m2 Licenses Area
 - Under Management
 - 18 years Strong Tenure Lease
 - 2+ Million Fit Out
 - Turnkey Operation
 - Excellent Exposure
 - Looking for Motivated Operator
 - Price to Sell, Well Below Replacement Costs Of Fit Out
 - 150 + Seating Capacity
 
Contact Leigh for more information about this property.

Leigh Metzeling
Sales Director
0451 607 651
