About the Business

Positioned in one of the most sought-after pockets of Glenferrie Road, this outstanding hospitality opportunity delivers the ultimate combination of position, exposure, and flexibility.

Boasting super busy pedestrian foot traffic, excellent street exposure, and the added advantage of backing onto a huge public car park, this is a location that offers convenience for customers and strong all-day trade potential.

Currently operating as a Spanish churros and restaurant venue, the true value here lies in the stylish existing fit-out and the versatility of the premises. This is not limited to one cuisine or concept - the space would seamlessly suit a wide variety of hospitality offerings, whether you’re planning a day-trade café, all-day diner, wine bar, evening restaurant, or something entirely new.

For experienced operators, this represents the perfect blank canvas opportunity to secure a high-profile site without the headache, time delay, and significant cost of building a venue from scratch.

Additional highlights include:

Prime Glenferrie Road location
Heavy pedestrian foot traffic
Excellent street presence and exposure
Huge public car park at the rear
Fully licensed venue
Stylish fit-out with flexibility for multiple cuisines and concepts
Current rent: $2,500 + GST per week
2-bedroom apartment upstairs contributing $2,000 per month toward rent
Lease commenced 15 October 2024
5-year lease plus further 5-year option

The possibilities here are endless, but one thing is certain - opportunities to secure a venue in a location of this calibre are few and far between. For hospitality operators seeking “position, position, position” for their next venue, this is one inspection not to miss.

An inspection is highly recommended.

For more information, please contact Grita Angelucci.