1 Theatre PlaceCanterbury VIC 3126
Property Details for 1 Theatre Pl, Canterbury
Last Listing description (September 2011)
WILDFLOWER RESTAURANT - CANTERBURY
Like a romantic story from yesteryear, Wildflower is located in an enchanting pocket of Canterbury flanked by heritage listed buildings, charming old shops and inviting alley ways.
Wildflower has a long reputation, over 15 years for winning both the hearts and stomachs of adoring diners. This stunning restaurant is well known as a quality establishment and, not surprisingly, appears in The Age's Good Food Guide with distinction year after year.
This business is open for lunch and dinner 5 days. Traditionally the restaurant is known to close on Sunday nights and Mondays.
The restaurant seats up to 90 guests with ample room to cater for large function bookings in a private upstairs dining area.
Importantly, the restaurant boasts a very strong net profit which is extraordinarily attractive in today's market. This is very significant given the business is under full management.
BUSINESS HIGHLIGHTS:
- Average weekly takings of $20,000+ and higher in summer with many functions
- Under full management
- Short trading hours
- Stand out restaurant with NO competition in the area
- High net profit - full financials available
- Outside dining area
FAST FACTS:
- Fantastic low rental @ $42,000 p.a
- New 12 year lease (3 by 3 by 3 by 3 year term)
- Plenty of parking for customers and staff
- All plant and equipment owned - no HP leases
TERMS:
- 10% deposit
- 30/45 day settlement
PRICE:
Expressions of Interest Welcome
Call Karli Dunham TODAY on 0409 965 540 or email karli@justbusinessbrokers.com for further details on this rare opportunity!!
Property History for 1 Theatre Pl, Canterbury, VIC 3126
- 01 Apr 2011Listed for Sale PLUS SAVING
- 11 Oct 1977Sold for $38,000
Recent sales nearby
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About Canterbury 3126
The size of Canterbury is approximately 3.2 square kilometres. It has 14 parks covering nearly 6.6% of total area. The population of Canterbury in 2016 was 8056 people. By 2021 the population was 7800 showing a population decline of 3.2% in the area during that time. The predominant age group in Canterbury is 10-19 years. Households in Canterbury are primarily couples with children and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in Canterbury work in a professional occupation.In 2021, 78.10% of the homes in Canterbury were owner-occupied compared with 76.80% in 2016.
Canterbury has 4,035 properties. Over the last 5 years, Houses in Canterbury have seen a -1.58% decrease in median value, while Units have seen a 4.33% increase. As at 30 April 2026:
- The median value for Houses in Canterbury is $2,881,132 while the median value for Units is $1,007,431.
- Houses have a median rent of $1,298 while Units have a median rent of $660.
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