Townsville City, Queensland 4810
$100,000
Key Features
AI generated. Contact seller to confirm.
- Suitable for 491 visa
- Prime location in Townsville CBD
- Operates seven days, 8:00am to 2:00pm
- Evenings reserved for private functions and events
- Loyal following of locals and tourists
- Significant growth potential by extending operating hours
- Turnover: Not disclosed
- Net Profit: Not disclosed
- Rent/Lease: Not disclosed
- Stock Value: Not disclosed
- Established: Built 1920s; restaurant since early 1980s; owners since 2012 (14 years)
Business Details
Business Category Cafe Catering Restaurant
FOR SALE – The Balcony Restaurant - An Iconic Venue in a Heritage-Listed Queenslander
Perched above the bustle of Flinders Street, The Balcony Restaurant is a long-standing favourite in Townsville’s hospitality scene. Housed in a beautifully restored, heritage-listed Queenslander built in the 1920s, this charming venue blends old-world elegance with modern dining appeal.
Originally home to Willmett’s Stationery Shop, the upstairs space was transformed into The Balcony Restaurant in the early 1980s and has been operated by the current owners since 2012. With its stunning hardwood floors, ornate balcony, and decorative façade, the restaurant offers a relaxed, airy atmosphere perfect for al fresco dining.
Business Highlights:
* Suitable for 491 visa
* Prime location in the heart of Townsville’s CBD
* Operates 7 days a week: 8:00am to 2:00pm
* Evenings reserved for private functions and events
* Loyal following of locals and tourists
* Large social media following
* Diverse Australian menu featuring long-standing favourites
* Popular function venue for weddings, meetings, and high teas
* Significant growth potential by extending operating hours
* Full training and handover provided
Over the past 14 years, the current owners have run the business as a successful lifestyle venture, prioritising daytime service and carefully selected functions. Signature dishes such as homemade breakfast benedicts and creamy risottos have kept regulars coming back, while seasonal specials and crowd-pleasers like the seafood chowder continue to win over new diners.
Whether you're an experienced operator or a passionate newcomer to the industry, this is a rare opportunity to take over one of Townsville’s most iconic restaurants—with everything in place for continued success and growth.
To find out more about this unique hospitality opportunity, contact us today.
Confidentiality Agreement
To receive a Sale Proposal, please complete our online Confidentiality Agreement form at XXXXXXXXXX .
Business Broker
Susan Butler – XXXXXXXXXX
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