16/134 Condon StreetKennington VIC 3550
Property Details for 16/134 Condon St, Kennington
Last Listing description (January 2013)
** SOLD **
Bonny Lain Cafe & Catering is a well presented and established business serving gourmet focaccias, sandwiches, espresso coffee & much more. With communal seating for up to 72 people there is ample room for large lunch services. Bonny Lain Cafe & Catering also offers small to medium catering packages to local businesses and individuals. An area of the business that is still growing and has much potential.
The cafe is located inside the food court of Strath Village Shopping Centre. The Centre presents the community with a contemporary shopping environment approximately 4 kilometres from the centre of Bendigo, one of the fastest growing communities in regional Victoria. Strath Village Shopping Centre is also approximately 500 metres from La Trobe University with 4,200 students and 430 support staff.
The customer count averaged 38,697 per week last financial year and is growing constantly. The centre has 6,400 metres of lettable area and 490 parking bays.
Asking Price: $390,000 including stock
Location: 11 years in Strath Village Shopping Centre
Rent: Low rent, good lease includes Promotional, Corporate & Water fees.
Bonny Lain Cafe & Catering has solid trading history that continues to grow offering great potential with an expanding community and is an outstanding opportunity for new owners to capitalise on continued growth potential.
Business profile is available to genuine prospective buyers, subject to confidentiality agreement.&am p;Atilde;¢Â €Â¨ Highly recommended for your consideration.
Genuine vendors - prepared to negotiate.
Property History for 16/134 Condon St, Kennington, VIC 3550
- 17 Aug 2012Listed for Sale 390000
- 30 Mar 2012Listed for Sale 39000
- 19 Nov 2001Sold for $16,000
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About Kennington 3550
The size of Kennington is approximately 4.0 square kilometres. There are 9 parks, covering nearly 16.2% of the total area. The population of Kennington in 2016 was 5649 people. By 2021 the population was 5880 showing a population growth of 4.1% in the area during that time. The predominant age group in Kennington is 20-29 years. Households in Kennington are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Kennington work in a professional occupation.In 2021, 59.30% of the homes in Kennington were owner-occupied compared with 59.20% in 2016.
Kennington has 3,414 properties. Over the last 5 years, Houses in Kennington have seen a 32.15% increase in median value, while Units have seen a 35.28% increase. As at 31 July 2026:
- The median value for Houses in Kennington is $714,588 while the median value for Units is $464,085.
- Houses have a median rent of $500 while Units have a median rent of $435.
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