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Italian Restaurant in the Heart of Fitzroy

$120,000

Fitzroy, Victoria

Italian Restaurant in the Heart of Fitzroy

This is a rare opportunity to acquire a fully equipped, licensed restaurant in one of Melbourne's most dynamic and sought-after inner suburbs. With a distinctive concept built around fresh, house-made pasta served by the metre, the business offers something genuinely different in a competitive hospitality market.

Situated on one of Melbourne's most recognised dining and entertainment strips, the business benefits from strong foot traffic, a loyal local community, and a suburb celebrated for its vibrant culture, street art, live music, and annual events. This location alone represents a significant asset for any incoming owner.

*Taking $520,000 per annum
*2+1+1 years lease; $6,695.83 per month
*Fully equipped commercial kitchen (with walk-in cool room and freezer, pasta machine, two 6-burner stoves, Henny Penny deep fryer, turbo fan oven, and 4-burner grill)
*Liquor licence with extended trading hours
*279 sqm premises; indoor seating for 70+ guests
*Two full-time and one casual staff

Contact Nick today to secure this unique hospitality opportunity!

Listing ID: ME03446
Broker: Nick Kolaitis
Phone: 0411 428 161
Email: nick.kolaitis@linkbusiness.com.au
Ref: ME03446
Timestamp: 20260415063004

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Last updated: 15th April 2026

Summary

Property Type
Business
Contract Type
For Sale
Location
 Fitzroy
State
 Victoria
Price
$120,000
Category
  • Restaurant

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Agency

LINK Melbourne / Tasmania

LINK Melbourne / Tasmania

Contact

Nick Kolaitis