Prahran VIC 3181

$198,000.00

Busy cafe, cheap rent, close at 3 pm + residence !

Approx weekly takings of $9,000+ per week.

Huge -30kg + Coffee!

Backroom fireplace and beautiful courtyard.

Huge improver with a 2 bedroom apartment with separate entrance, currently rented out at $330 a week - cash. Prahran is a great area that is constantly buzzing with foot traffic. Great location and position in an area full of apartments and people. Huge further potential for a hands on operator, as the current Vendor only works 1 day a week. This Cafe is ideally placed in a wonderful area, but has been left on its own and run by a young staff without much supervision.

The Cafe has a captive audience on weekdays and a relaxed feel for the weekends. A coat of paint and some creative flare could add 10 – 20% in value almost overnight. The current owner has been distracted (both time and resources) with other ventures (namely a new restaurant) and allowed this business to just drift along . . . . Are you the person to take control? The Cafe would suit an owner occupier as there is a 2 bedroom residence above that has a separate entrance & you could rent out the space for additional income.

Quote BSV 0677 and call NOW !! , or submit an Enquiry.

Property Details