Cabarita RoadCabarita NSW 2137
Property Details for Lot 291 Cabarita Rd, Cabarita
Last Listing description (July 2011)
Waterfront restaurant / function centre and kiosk for sale Sydney
Recently renovated waterfront restaurant for sale with separate kiosk located on top of a marina in the inner west of Sydney (approx 15km from the CBD or Parramatta). Boasting unobstructed 270-degree water views up and down Sydney Harbour this venue has been rebirthed as a profitable turnkey operation with a solid reputation as a wedding and function venue centre. The unique ambience and quality of service has earned the business an enviable reputation as a local favorite for food lovers. The cuisine is Modern Australian and the look and feel is one of a casual fine dining establishment.
The Kiosk is located at the front of the marina and is operated separate to the restaurant and provides a secondary income for the business selling coffee, sandwiches and hot food. Established in 1994 this business has seen solid growth in times of GFC and is awaiting a new owner to invest in taking it to the next level.
* Restaurant - 75 pax (110 with marquee)
* Kiosk - 20 pax
Turnover
* Restaurant - $18,000 pw
(60% a la carte / 40% function plus $100,000 + in forward function bookings)
* Kiosk - $1,200 p/w
Wages (Restaurant and Kiosk)
* $3,000 p/w (excluding owners)
* $5,000 p/w (including owners)
Floor Space
* Restaurant, front and back of house: 150 m2
* Kitchen and Kiosk: 30 m2
* Storage shed: 10 m2
* Outdoor area: approx 30 m2 of west of the kiosk
* Total : 220 m2
Rent
* Restaurant & Kiosk $2,000 p/w Lease
* Balance of existing expiry July 2013 or
* New lease can be set up with landlord Access / Parking
* 200 council spaces available
* Mooring of boat available on marina @ No Charge
* Water Taxi or Ferry access available to restaurant door
Opening Hours
* Restaurant - 5 days lunch and dinner
(can be expanded to 7 days including breakfast if desired with no increase in rental figure)
* Kiosk - 7 days Fully Licenced and BYO (Restaurant only)
Staffing
* 2 x Owners - Floor staff (full time)
* 1 x Chef (full time)
* 2 x Apprentice Chef (full time)
* 2 x Café all rounder (part time)
* 6 x casual floor staff Unique
Selling Points
* True waterfront location
* 270 degree unobstructed views from every seat in the restaurant
* Access to 120 m2 of decking adjoining the restaurant for functions
(Marque can be installed on this for larger functions)
* Stunning lifestyle choice of working on the water
* Diverse e-commerce exposure on most food web sites
* Heritage listed with loads of character
* One of only a handful of true waterfront venues in Sydney
* Recent renovation including flooring, furniture and fittings
* Full P & L / Balance sheet with audit trail to bank accounts â ;€¨â€¨
Phone to arrange an inspection.
Property History for Lot 291 Cabarita Rd, Cabarita, NSW 2137
- 19 Feb 2011Listed for Sale $249,000 NEGOTIABLE
- 18 Jun 2009Listed for Rent - Price not available
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0About Cabarita 2137
The size of Cabarita is approximately 0.5 square kilometres. There are 4 parks, covering nearly 26.2% of the total area. The population of Cabarita in 2016 was 1957 people. By 2021 the population was 1933 showing a population decline of 1.2% in the area during that time. The predominant age group in Cabarita is 60-69 years. Households in Cabarita are primarily childless couples and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in Cabarita work in a professional occupation.In 2021, 80.00% of the homes in Cabarita were owner-occupied compared with 80.70% in 2016.
Cabarita has 971 properties. Over the last 5 years, Houses in Cabarita have seen a 12.04% increase in median value, while Units have seen a 12.38% increase. As at 31 August 2026:
- The median value for Houses in Cabarita is $3,382,970 while the median value for Units is $2,118,796.
- Houses have a median rent of $1,700 while Units have a median rent of $1,250.
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