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Waterfront Restaurant, Bar and Functions Venue in Docklands. $499,000 (16096)

$499,000

Docklands, Victoria

Waterfront Restaurant, Bar and Functions Venue in Docklands. $499,000 (16096)

This immaculate 700sqm venue is sure to impress even the fussiest buyers!

Perfectly positioned on the busy promenade facing the water in the heart of the Docklands shopping and dining precinct, this business experiences large rates of foot traffic from both the residential and commercial properties in it's surrounds. Strategically located next door to a large car park the business benefits from free parking after 6pm and is in extremely close proximity to a large loading bay.

Predominately acting as a bar/nightclub, the beautifully fitted premises boasts a full commercial kitchen, 3 bars, offices, a separate pavilion and sky bar, seating for 375 inside and another 100 outside, plus much much more. The business is a well known, go to destination in the area, especially in the summer months as it serves up gorgeous bay views.

Key features include:

*Taking $25,000 per week
*3am Liquor license
*Low operating costs
*Brilliant fit out
*Good lease in place
*Reasonable rent
*Currently trading Thursday-Saturday 3pm - 3am, for functions only

For more information please contact Nouha Mohtadi from LINK, formerly Klemms on the below:
Phone: 0411 755 568
Email: nouha.mohtadi@linkbusiness.com.au

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Features

Business Snapshot

  • Price: $499,000
  • Net Profit: $3,000
  • Lease Options: 2.5 years remaining

Business Links / Tools

Last updated: 19th January 2021

Summary

Property Type
Business
Contract Type
For Sale
Location
 Docklands
State
 Victoria
Price
$499,000
Category
  • Bars/Nightclubs
  • Restaurant

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Agency

LINK, formerly Klemms

LINK, formerly Klemms

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