Turnkey Restaurant, Clarendon Street Location, South Melbourne | Id: 1436

South Melbourne, Victoria 3205

$59,000 negotiable

Key Features

AI generated. Contact seller to confirm.

  • Fully fitted walk-in-ready restaurant
  • Fit-out and equipment valued at twice asking price
  • 103 m2 floor area, 34 seats inside
  • Commercial kitchen with grease trap and mechanical exhaust
  • Large walk-in cool room and generous storage
  • Gross lease to November 2026; options to 2029 and 2032
  • Turnover: Not disclosed
  • Net Profit: Not disclosed
  • Rent/Lease: Gross lease to November 2026; 3-year option to November 2029; further option potentially to 2032; annual reviews capped at 3%
  • Stock Value: Not disclosed
  • Established: Not disclosed

Business Details

Business Category Restaurant

A rare chance to step straight into a South Melbourne restaurant - one of Melbourne's most sought-after dining precincts. A motivated seller offers this fully fitted, walk-in-ready restaurant on Clarendon Street.

Skip the 6–12 month build, the council headaches, and the six-figure fit-out bill. Open the doors and start trading on day 1.

Price $59,000

See a walk-through video: XXXXXXXXXX

What you're getting

- A complete fit-out and equipment package valued at 2x asking price

- 103 m² floor area with a stylish, ready-to-use dining room seating 34 inside, plus scope for outdoor tables

- A fully functional commercial kitchen with a grease trap and mechanical exhaust

- Large walk-in cool room and generous storage

- Move in, switch on, and trade from day one - nothing more to spend

The lease

- Gross lease in place through November 2026

- Plus a 3-year option to November 2029, with a further 3-year option potentially extendable to 2032

- Annual reviews capped at 3%

A clean slate in a proven location

This sale covers the fit-out and equipment only - no business, brand, or goodwill - giving you a blank canvas to launch your own concept in a precinct where foot traffic, dwell time, and dining culture are already doing the heavy lifting for you.

Turnkey restaurants like this on Clarendon Street, South Melbourne, are tightly held and rarely come to market. Inspect before it's gone.

If you would like to know more about this business, please complete our online confidentiality agreement here: XXXXXXXXXX

or visit our website at XXXXXXXXXX and use the reference #1436 to search for the business.

Please note: Stock images may be used and do not always reflect the actual business for sale.

Property Code: 1436

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