Ray White Commercial Western Sydney is delighted to present a locally beloved stylish café in one of Sydney's fastest growing waterfront residential communities for sale via private treaty.
Easily accessible by road, ferry, bus and train, Meadowbank is well sought after by affluent young urban professionals to enjoy the lifestyle and grow families. With many of its factories being demolished and replaced by waterfront apartments with views of the Parramatta River, there is a phenomenal increase in local demand for cafés, restaurants, and essential services.
The original owner invested over $200K in fit-outs and equipment 1.5 years ago when the building was completed. Today, Leaf Point Café has become one of the best independent café brands in Meadowbank, winning an envious 4.9 stars online rating. In an average trading day, they can sell 4kg roasted coffee beans, a compelling proof of how strong the local community is supporting the café business. With existing high-quality café set up and stable customer base, the subject property is perfect for an owner occupier to turn the key to immediately make business. It also appeals to savvy investors looking for secured retail investment backed by promising population growth. Tightly held retail asset for sale in Meadowbank certainly makes the subject property a great acquisition opportunity.
• Waterfront residential development with tightly held retail asset
• Affluent professional residents
• Huge potential for future population growth
• Locally favored café, winning 4.9 stars rating
• The projected return 5.5%-5.8%
• Near new fitouts and top-quality equipment
• Valuable depreciation benefits
• 14sqm landscaped outdoor seating
• Generous signage provision
• Mechanical ventilation installed
• Disable and unisex toilet
• Secured single car space with a storage cage
• Ample street parking
• Major upgrade in TAFE and local schools
• Excellent public transport via train, bus, and ferry
• Easy vehicle access to Rhodes, Olympic Park, Wentworth Point, Ryde and Eastwood
*Approx.
