338B Keilor Road, Niddrie, VIC 3042 | Property Value & History | OnTheHouse
OFF MARKET

338B Keilor Road
Niddrie VIC 3042

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 272m2
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Property Details for 338b Keilor Rd, Niddrie

Building Type
Commercial
Land Size
272m2
Local Government
Moonee Valley
Lot/Plan
3/LP85789

Last Listing description (August 2019)

Phone enquiries - please quote property ID 19227
This ice-cream caf is much more than meets the eye. Situated in a prime location amongst many other good businesses with HUGE foot traffic. Ample seating, with a Cosmopolitan theme inside and out!
Without a doubt this would be one of the best shops on Keilor road. Owner has spared no expense customising the shop to create a great ambience for customers and the best equipment to produce their home-made ice cream and gelato.

CHOICE OF PURCHASE
There are choices for the purchaser, as owner is happy to negotiate.
- Without the main equipment - $160,000
- With ALL the equipment - $270,000

All equipment other than the coffee machine is owned and owner is selling the business either on a walk in walk out basis or without the equipment. The premises have been renovated and customised for the business offering 3 areas. The front for customers, a laboratory (for the home-made ice-cream preparation) and then a rear kitchen area.
If purchased with equipment, the main items are:-
* Large display fridges
* Drinks fridges.
* Commercial kitchen with canopy gas oven and automatic dishwasher (connected with sink).
* Long 3metre s/steel bench with 5-door under bench fridges.
* Customised Laboratory with ice-cream machine and blast chiller
* Two upright freezers for the ice-cream (One holds 36 flavours and the other hlds 80! (The second freezer was necessary due to the amount of ice cream required)!
* Stainless steel tubs approximately 80-100.
This business is renowned for quality ice cream and makes the ice-cream daily. Customers queue every day to get the best gelato in town! The business trades 7 days per week but doesn t open until 12.00 noon until 11.00pm, offering the new owner ABSOLUTE ability to do breakfasts and much more coffee! Takings would probably skyrocket. It requires 2-3 casuals to run and ice cream needs to be made daily. Owner is more than happy to train in order to maintain the quality that the business is known for.
The premises are leased with long term options. All the hard work has been done but current owner has another business and cannot take this to that next level! The sale price reflects the quality and the spend that has been invested, so take advantage of this and walk in knowing you ll have people queuing at the door. Potential to expand for sure! This business will sell fast and is highly recommended for interested people to come and see for themselves.

Property History for 338b Keilor Rd, Niddrie, VIC 3042

A timeline of how this property has performed in the market
Last Transferred
25 Feb 2016
Listed for Rent
19 Aug 2015
  • 04 Aug 2019
    Listed for Sale MAKE AN OFFER
  • 25 Feb 2016
    Transferred
  • 29 Apr 2015
    Listed for Rent $58,000 / year
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About Niddrie 3042

The size of Niddrie is approximately 1.9 square kilometres. It has 10 parks covering nearly 5.5% of total area. The population of Niddrie in 2016 was 5479 people. By 2021 the population was 5901 showing a population growth of 7.7% in the area during that time. The predominant age group in Niddrie is 40-49 years. Households in Niddrie are primarily couples with children and are likely to be repaying $3000 - $3999 per month on mortgage repayments. In general, people in Niddrie work in a professional occupation.In 2021, 74.70% of the homes in Niddrie were owner-occupied compared with 73.00% in 2016.

Niddrie has 3,193 properties. Over the last 5 years, Houses in Niddrie have seen a 14.54% increase in median value, while Units have seen a 9.61% increase. As at 31 March 2026:

  • The median value for Houses in Niddrie is $1,352,065 while the median value for Units is $777,854.
  • Houses have a median rent of $650 while Units have a median rent of $650.
There are currently 11 properties listed for sale, and 6 properties listed for rent in Niddrie on OnTheHouse. According to Cotality's data, 154 properties were sold in the past 12 months in Niddrie.

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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.