Contact Agent For Address, Ringwood North, VIC 3134 | Commercial for sale | OnTheHouse
 
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Contact Agent For Address
Ringwood North VIC 3134

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Cafe & Function Venue - Good Location, Profitable, Popular & Perfect for Growth!

Phone enquiries - please call 1300 594 794 and quote property ID 33721.
Fully licenced cafe/Restaurant/Function Venue for a 100-seats located in a prime shopping strip on Warrandyte Road in Nth Ringwood offering HUGE opportunities for growth.
Well established for 18yrs, successfully run for 8 years with the current owner, this licenced café/restaurant offers not only an everyday café but also hosting for a variety of functions such as birthdays, engagements and other events with a huge double-storey venue.
Owners are only trading Mon-Sun, during the day. However, there a huge opportunity to extend hours to include evening trade, especially in this location, potentially increasing profits even further. Additionally, the location of the property is near 3 primary schools and 2 churches, making it a popular spot within the community during the day.
The sale of the business includes everything on a walk in walk out basis.
NOTE: All fully equipped with excellent bar, commercial kitchen, fixtures and fittings. More than your average! Full list can be provided.
The premises itself is modern, clean, and spacious, with a glass front entrance and full-height alfresco doors that lead to outdoor seating areas. The main level features a spacious bar and barista area, while the upstairs boasts a large seating area, kitchen, and toilet facilities.
The layout of the property is designed to maximise the potential for dual access, outdoor seating areas, and a large rear parking area. This design has been well received by customers and function clients, making the business a popular choice for events.
The business is currently under family management with existing staff well-trained and easily adaptable, making the onboarding process for new owners a hassle-free experience.
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Property Details for Contact Agent For Address, Ringwood North

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Commercial
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About Ringwood North 3134

The size of Ringwood North is approximately 5.2 square kilometres. It has 19 parks covering nearly 10.4% of total area. The population of Ringwood North in 2016 was 9832 people. By 2021 the population was 9964 showing a population growth of 1.3% in the area during that time. The predominant age group in Ringwood North is 40-49 years. Households in Ringwood North are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Ringwood North work in a professional occupation.In 2021, 86.30% of the homes in Ringwood North were owner-occupied compared with 85.70% in 2016.

Ringwood North has 4,015 properties. Over the last 5 years, Houses in Ringwood North have seen a 35.21% increase in median value, while Units have seen a 6.72% increase. As at 31 October 2025:

  • The median value for Houses in Ringwood North is $1,352,962 while the median value for Units is $843,085.
  • Houses have a median rent of $650 while Units have a median rent of $600.
There are currently 6 properties listed for sale, and 3 properties listed for rent in Ringwood north on OnTheHouse. According to Cotality's data, 171 properties were sold in the past 12 months in Ringwood north.

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