Wahoo Diner - Business For Sale
Sale price $45,000 including GST. Walk In, Walk Out. This recently refurbished restaurant located on Newtown's bustling King St is now available. Features include a fully fitted out kitchen and dining room. There is a cool room, grease trap, exhaust, liquor licence, amenities and 2 car spaces at rear. The restaurant can accommodate 60 patrons. Located in a huge 3 storey building, there is plenty of room to expand if needed or perhaps live up stairs. There is 7 months remaining on the current lease with a three year option. Current rent is $120,120.00 net + GST per annum. If you're looking for a food ready property that requires no fit out, this is it. Enquire today.
The size of Newtown is approximately 1.6 square kilometres. There are 18 parks, covering nearly 3.7% of the total area. The population of Newtown in 2016 was 15029 people. By 2021 the population was 14690 showing a population decline of 2.3% in the area during that time. The predominant age group in Newtown is 20-29 years. Households in Newtown are primarily childless couples and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in Newtown work in a professional occupation.In 2021, 40.70% of the homes in Newtown were owner-occupied compared with 38.50% in 2016.
Newtown has 9,353 properties. Over the last 5 years, Houses in Newtown have seen a 2.75% increase in median value, while Units have seen a 6.78% increase. As at 31 July 2026:
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