292 Great North Road, Wareemba, NSW 2046 | Property Value & History | OnTheHouse
OFF MARKET

292 Great North Road
Wareemba NSW 2046

Bedrooms: -
Bathrooms: -
Car spaces: 1
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Property Details for 292 Great North Rd, Wareemba

Building Type
Commercial
Year Built
1996
Local Government
Canada Bay
Lot/Plan
B/DP366219

Last Listing description (January 2025)

Popular Fried Chicken Shop in Inner West Sydney, Wareemba

Located in the traditional, upscale suburb of Wareemba in Sydneyrsquo;s inner west, this beloved fried chicken shop is now seeking a new owner. With an approximate floor area of 40 square meters, the shop is well-designed for efficient use of space, making it ideal for a small-scale dining operation. The shop has 4 to 10 seats, with flexible hours that are easy to manage. As one of the few fried chicken shops in the area, it enjoys a solid customer base and steady operations, making it an excellent opportunity for someone with experience in the food industry or a passion for running a food business.

Shop Details:
Rent: Approximately AUD 2,500 per month + annual waste disposal fee of AUD 620

Lease Term: 4.5 years remaining with a 5-year renewal option
Operating Hours: Wednesday to Sunday, 11:00 AM - 7:00 PM
Staff: Currently supported by 1 part-time employee

Located in a densely populated residential area, the shop benefits from convenient access to public transportation, mainly serviced by bus routes 415, 438x, and 530, connecting surrounding areas and the city center. The nearest ferry terminal is Chiswick Wharf, providing access to Parramatta River routes, and nearby Five Dock and Abbotsford stations offer additional public transport options for easy customer access.

One of the shoprsquo;s greatest advantages is its location in a traditional, affluent community, predominantly serving local residents. With a strong reputation and quality service, the shop has built a loyal customer base and has earned five-star reviews on multiple platforms, further reinforcing its reputation in the community. The shop operates steadily with minimal direct competition. Additionally, customer return rates are high in this area, especially on weekends and holidays when foot traffic is even greater. The new owner can not only enjoy the existing loyal customer base but can also potentially increase revenue based on demand.

This shoprsquo;s prime location, quality clientele, straightforward operation, and low overhead make it an ideal business opportunity. If you are interested in learning more, please feel free to get in touch. Seize this rare opportunity to grow your food business in an upscale community!

Property Reference Number :130

Property History for 292 Great North Rd, Wareemba, NSW 2046

A timeline of how this property has performed in the market
Last Sold
$75,000
22 Aug 1983
  • 14 Nov 2024
    Listed for Sale Contact Agent
  • 24 May 2023
    Listed for Rent $33,120 per annum
  • 10 Aug 2018
    Listed for Rent $490
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About Wareemba 2046

The size of Wareemba is approximately 0.3 square kilometres. It has 1 park covering nearly 0.2% of total area. The population of Wareemba in 2016 was 1546 people. By 2021 the population was 1519 showing a population decline of 1.8% in the area during that time. The predominant age group in Wareemba is 50-59 years. Households in Wareemba are primarily couples with children and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in Wareemba work in a professional occupation.In 2021, 68.20% of the homes in Wareemba were owner-occupied compared with 66.40% in 2016.

Wareemba has 715 properties. Over the last 5 years, Houses in Wareemba have seen a 44.83% increase in median value, while Units have seen a 28.14% increase. As at 30 November 2025:

  • The median value for Houses in Wareemba is $3,010,301 while the median value for Units is $1,205,260.
  • Houses have a median rent of $1,000 while Units have a median rent of $810.
There are currently 1 property listed for sale, and 1 property listed for rent in Wareemba on OnTheHouse. According to Cotality's data, 30 properties were sold in the past 12 months in Wareemba.

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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.