About the Business

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.

Business Price
The Balcony Restaurant is being sold for $120,000 plus stock (estimated at $14,000).

Confidentiality Agreement
To receive a Sale Proposal, please complete our online Confidentiality Agreement form at www.beyond2000.com.au/confidentiality-agreement.

Business Broker
Susan Butler – 0419 905 463
[email protected]
www.beyond2000.com.au