Summary
Modern Italian restaurant in Collingwood for sale at $120,000. Fully equipped, heritage-listed, prime Smith Street Collingwood, upstairs space, licensed bar, great potential. Contact: 0415 649 958.
Location Details
278 Smith street , collingwood
Collingwood Victoria
Potential
Seize this rare opportunity to acquire a contemporary Italian restaurant situated in the vibrant heart of Collingwood. Opened in February 2025, this fully equipped restaurant offers a turnkey operation in one of Melbourne’s most sought-after neighborhoods, perfect for entrepreneurs looking to hit the ground running.Building & Location Highlights:**
- Prime position on Smith Street, Collingwood, in a high foot traffic area
- Heritage-listed property with charming character
Spacious seating for 50-60 guests
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Skills
Opportunity & Potential:** Ideal for restaurateurs, caterers, or investors seeking a profitable, modern Italian concept.Upstairs space can be renovated to host additional diners or used as a rental unit to generate passive income Growing neighborhood with strong foot traffic and community support.Upstairs setup that can be renovated to accommodate 60-70 people, or alternatively used as a rental space.Features a large underground garage for convenient parking.Store owned Beer and bar setup, adding to the lively neighborhood atmosphere
Hours
Just 5 hours daily, .Business is fully operational and ready for the new owner
Lease
**Lease & Property Details:**
- Heritage-listed lease with flexible renewal terms,
- Monthly rent: $8,000 + GST
Employees
**For more information or to arrange a viewing, please contact:**
**Email:** [email protected]
**Phone:** 0415 649 958
Reason for Sale
Owners are relocating, creating a unique opportunity to acquire a nearly new, fully equipped restaurant in a thriving Melbourne suburb.
About the Business
Fully fitted kitchen with high-quality appliances, including an Electric Pizza Oven and Coffee Machine
- Complete bar and beverage setup, featuring a full beer system and bar facilities, perfect for serving drinks and hosting events
- Liquor license already in place, allowing immediate alcohol service
- Coffee Machine included, enabling high-quality coffee offerings
*Lease & Property Details:**
- Heritage-listed lease with flexible renewal terms,
- Monthly rent: $8,000 + GST
**Opportunity & Potential:**
- Ideal for restaurateurs, caterers, or investors seeking a profitable, modern Italian concept
- Upstairs space can be renovated to host additional diners or used as a rental unit to generate passive income
- Growing neighborhood with strong foot traffic and community support
History
*Building & Location Highlights:**
- Prime position on Smith Street, Collingwood, in a high foot traffic area
- Heritage-listed property with charming character
- Spacious seating for 50-60 guests
- Upstairs setup that can be renovated to accommodate 60-70 people, or alternatively used as a rental space
- Features a large underground garage for convenient parking
- Nearby store owner and bar setup, adding to the lively neighborhood atmosphere
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