An exceptional opportunity to secure a fully fitted hospitality venue in one of the most tightly held and high-exposure pockets of Glenferrie Road.
With the price now significantly reduced to secure a sale, this is an outstanding chance for an experienced operator to move quickly and take advantage of a position-perfect site with enormous potential.
Surrounded by constant pedestrian traffic and enjoying excellent street presence, the venue also benefits from the rare and highly valuable advantage of backing onto a huge public car park, making it incredibly convenient for customers throughout the day and evening.
Currently operating as a Spanish churros and restaurant venue, the real opportunity lies in the quality existing fit-out, strong location, and versatility of the premises. The space could easily be transformed into a day-trade café, all-day dining venue, wine bar, modern restaurant, dessert concept, casual eatery, or a fresh new hospitality brand.
For operators wanting a premium Glenferrie Road address without the major cost, delays, and stress of building from scratch, this is a genuine walk-in opportunity.
Key features include:
Prime Glenferrie Road position
Heavy pedestrian foot traffic
Excellent street exposure
Large public car park at the rear
Fully licensed venue
Stylish existing fit-out
Flexible layout suitable for multiple concepts
Current rent: $2,500 + GST per week
2-bedroom apartment upstairs contributing $2,000 per month toward rent
Lease commenced 15 October 2024
Secure 5-year lease plus further 5-year option
The Vendor is motivated and the price has been significantly reduced, creating a rare opening to secure a standout hospitality site in a highly sought-after location.
Opportunities of this calibre, in locations like this, are becoming increasingly hard to find.
An inspection is highly recommended.
For more information, please contact Grita Angelucci.
