7/28A Hume Drive, Sydenham, VIC 3037 | Commercial for sale | OnTheHouse
 
FOR SALE
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7/28A Hume Drive
Sydenham VIC 3037

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Prestigious Sri Lankan Restaurant for sale in Sydenham VIC

PRESTIGIOUS SRI LANKAN/INDIAN RESTAURANT - SYDENHAM (PARADISE CORNER)
FOR SALE
BUYPLUS Real Estate is pleased to present this well-established and highly reputed Sri Lankan/Indian restaurant located in the sought-after Paradise Corner precinct of Sydenham.
This fully operational business offers a fantastic opportunity for hospitality professionals or investors looking to step into a thriving food enterprise.
Key Features:
Prime location with strong local visibility
Indoor seating capacity for 50 to 60 patrons
Suitable for private functions such as birthdays, christenings, and other celebrations
Proven outside catering capability for events of up to 400 people, complete with staff
Longstanding customer base with repeat business and growth potential
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Property Details for 7/28a Hume Dr, Sydenham

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Commercial
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About Sydenham 3037

The size of Sydenham is approximately 3.6 square kilometres. It has 23 parks covering nearly 8.4% of total area. The population of Sydenham in 2016 was 10838 people. By 2021 the population was 10578 showing a population decline of 2.4% in the area during that time. The predominant age group in Sydenham is 20-29 years. Households in Sydenham are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Sydenham work in a professional occupation.In 2021, 66.50% of the homes in Sydenham were owner-occupied compared with 64.80% in 2016.

Sydenham has 4,422 properties. Over the last 5 years, Houses in Sydenham have seen a 26.88% increase in median value, while Units have seen a 25.91% increase. As at 30 November 2025:

  • The median value for Houses in Sydenham is $809,512 while the median value for Units is $527,347.
  • Houses have a median rent of $530 while Units have a median rent of $470.
There are currently 12 properties listed for sale, and 14 properties listed for rent in Sydenham on OnTheHouse. According to Cotality's data, 204 properties were sold in the past 12 months in Sydenham.

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Fe Dorosan
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Bhupinder Virk (Barry)
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