121 Kelly Street, Scone, NSW 2337 | Property Value & History | OnTheHouse
OFF MARKET

121 Kelly Street
Scone NSW 2337

Bedrooms: -
Bathrooms: 2
Car spaces: -
Land area: 1179m2
We do not have enough data to display the calculated estimate for this property.
Save

Property Details for 121 Kelly St, Scone

Building Type
Commercial
Land Size
1179m2
Local Government
Upper Hunter
Lot/Plan
25/DP1243391

Last Listing description (October 2025)

Commercial Lease Opportunity in Scone's Prime CBD Location!
Previously known as the iconic Fortune Palace Chinese Restaurant, this property holds decades of history and is now available for lease. With its existing setup, it presents an excellent opportunity for an authentic Asian cuisine restaurant to thrive in the Scone area.

Building:

Spacious Seating Area: The property features a large seating area, providing ample space to accommodate diners comfortably.
Bar and Waiting Area: Enhance the dining experience with a designated bar area for beverage service and a waiting area for guests to relax before being seated.
Separate Men's and Women's Toilets: Ensure convenience and comfort with separate restroom facilities for male and female patrons.
Fully Equipped Kitchen with Cool Room: The property boasts a fully equipped kitchen, including a cool room, enabling seamless operations for food preparation and storage.

Potential:
Easy Re-Opening: With the existing infrastructure in place, the property can be easily reopened for trading, allowing for a swift start to your business.
Social Media Presence: Utilize the power of social media to create a strong online presence, attracting new customers and building brand awareness.
Cost Savings and Increased Profit: For chef owners, taking the reins in the kitchen can lead to substantial savings on wages and potential increases in profits.
Versatility: The property has the potential to accommodate various restaurant concepts, allowing you the flexibility to transform it into any type of culinary establishment.

Location:
Prime CBD Location: Situated in the heart of Scone's CBD, the property enjoys high visibility and foot traffic, making it a desirable spot for restaurant businesses.
Convenient Proximity: Adjacent to a well-known national franchise takeaway alcohol store and in close proximity to two of Scone's main pubs, this location ensures exposure to a diverse customer base.

Please note that living in this property is not permitted.

Don't miss out on this exceptional commercial lease opportunity in Scone's thriving CBD. Contact us today to explore the potential of this iconic establishment and make it the next culinary hotspot in town!

Call 02 6545 9993 for further information or to arrange a viewing.

#CommercialLease #RestaurantOpportunity #SconeCBD #CulinaryBusiness #PrimeLocation

Property History for 121 Kelly St, Scone, NSW 2337

A timeline of how this property has performed in the market
Listed for Rent
15 Apr 2024
  • 28 Jun 2023
    Listed for Rent $1,200 / week
Commute Calculator

About Scone 2337

The size of Scone is approximately 108.7 square kilometres. It has 13 parks covering nearly 1.6% of total area. The population of Scone in 2016 was 5624 people. By 2021 the population was 5824 showing a population growth of 3.6% in the area during that time. The predominant age group in Scone is 30-39 years. Households in Scone are primarily childless couples and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Scone work in a labourer occupation.In 2021, 65.20% of the homes in Scone were owner-occupied compared with 64.70% in 2016.

Scone has 3,380 properties. Over the last 5 years, Houses in Scone have seen a 86.08% increase in median value, while Units have seen a 65.31% increase. As at 31 December 2025:

  • The median value for Houses in Scone is $639,702 while the median value for Units is $404,262.
  • Houses have a median rent of $555 while Units have a median rent of $425.
There are currently 41 properties listed for sale, and 9 properties listed for rent in Scone on OnTheHouse. According to Cotality's data, 164 properties were sold in the past 12 months in Scone.

Suburb Insights for Scone 2337

Market Insights
Scone Trends for Houses
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
Scone Trends for Units
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
Neighbourhood Insights
Age
Household
Occupancy
No data to show
Cotality Copyright and Legal Disclaimers about Property Data
Disclaimer
The Cotality Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice.

While Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.