220-222 Canterbury RoadBayswater North VIC 3153
Property Details for 220-222 Canterbury Rd, Bayswater North
Last Listing description (October 2019)
Phone enquiries - please quote property ID 23390
This is a great opportunity to purchase a busy cafe in a prime position in Bayswater. Situated in the Spotlight Centre with huge foot traffic and consistent new and regular customers coming in for a coffee, cake and/or food. This business has been established for over 15 years, of which the current owner was originally a staff member, then decided to buy the business as it was so good. That was 5 years ago and has built the business even further.
* Prime position at the entrance of the Spotlight Centre
* Long customer loyalty following with regular customers
* Some catering for local corporate businesses
* Averages 25 kg coffee p.w.
* No cooking required
* Easy to run business
The business trades 7 days per week. It is a profitable business with further scope. There are two loyal permanent part-time staff along with a couple of casuals.
The premises are leased with a 5 year lease in place (recently renewed). Spotlight management reserve the right to renew the lease every 5 years.
Selling on a walk-in-walk out basis which includes all fixtures, fittings and equipment (nothing is leased). Items include:-
* Coffee Machine
* All built in fridges
* 2 x refrigerated display fridges
* 4 Security cameras
* Pie Oven
* Cash Register
* All tables, glassware, crockery etc.
* Business name, social media presence
* Full list can be provided.
This modestly priced business is ideal for either the first-time cafe owner or those already experienced, wanting another cafe. The astute purchaser you could easily work their own hours, leaving staff to do the day to day running. Adding your flair and uplift with social media with an already loyal following. A good business worthy of your consideration.
DISCLAIMER No Agent Business (www.noagentbusiness.com.au) is an Australian For Sale By Owner website operating since 1999. We proudly assist business owners who are looking to sell their own business without paying any broker commission. While every care has been taken to verify the accuracy of the details in this advertisement, the correctness cannot be guaranteed.
Property History for 220-222 Canterbury Rd, Bayswater North, VIC 3153
- 03 May 2026Sold for $48,000,000
- 27 Oct 2019Listed for Sale Not Disclosed
- 23 Aug 2017Sold for $30,000,000
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0About Bayswater North 3153
The size of Bayswater North is approximately 6.6 square kilometres. There are 22 parks, covering nearly 6.8% of the total area. The population of Bayswater North in 2016 was 8789 people. By 2021 the population was 9014 showing a population growth of 2.6% in the area during that time. The predominant age group in Bayswater North is 30-39 years. Households in Bayswater North are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Bayswater North work in a professional occupation.In 2021, 73.60% of the homes in Bayswater North were owner-occupied compared with 72.90% in 2016.
Bayswater North has 5,417 properties. Over the last 5 years, Houses in Bayswater North have seen a -3.59% decrease in median value, while Units have seen a 9.82% increase. As at 31 August 2026:
- The median value for Houses in Bayswater North is $878,265 while the median value for Units is $645,077.
- Houses have a median rent of $610 while Units have a median rent of $550.
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