An exceptional opportunity to secure a well-established restaurant space in the heart of Rozelle. Successfully operating as a restaurant for approximately 20 years, this much-loved Italian restaurant has built a strong local reputation and loyal customer base. Perfectly suited for an Italian restaurant, family-style dining concept, or similar hospitality venture, the premises are ready to trade immediately. Surrounded by approximately 2,000 apartments and homes within easy walking distance, the location benefits from strong local demand and a high-income demographic.The venue offers a warm and welcoming dining atmosphere with both indoor and outdoor seating, including possible council approval for additional street dining, ideal for capturing foot traffic and enhancing the dining experience.KEY FEATURES:- Proven restaurant location successful Italian venue for approximately 20 years- Ready to operate or refurbish to desire - Indoor and outdoor dining plus possible additional street dining- Large commercial kitchen with generous workspace- Basement level with walk-in cool room, private office, and toilet and shower facility - Three secure undercover car spaces with direct internal access to the premises- Two large lock-up storage cages - Strong local catchment approx. 2,000 nearby residences within walking distance- High-income demographic area- Ideal for Italian/Mediterranean cuisine, family dining, cafe, restaurant, or similar hospitality conceptsLong term lease opportunity.This is a rare opportunity to take over a ready-to-operate restaurant in one of the Inner West's most tightly held dining precincts, with proven history, strong surrounding population, and immediate trading potential.Rent: $2,500 per week +GST + Outgoings
The size of Rozelle is approximately 1.8 square kilometres. There are 9 parks, covering nearly 5.6% of the total area. The population of Rozelle in 2016 was 8725 people. By 2021 the population was 8553 showing a population decline of 2.0% in the area during that time. The predominant age group in Rozelle is 30-39 years. Households in Rozelle are primarily childless couples and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in Rozelle work in a professional occupation.In 2021, 58.60% of the homes in Rozelle were owner-occupied compared with 58.30% in 2016.
Rozelle has 6,320 properties. Over the last 5 years, Houses in Rozelle have seen a 4.59% increase in median value, while Units have seen a 23.15% increase. As at 31 July 2026:
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