PIZZA & PASTA - ABSOLUTE ICON IN THE ESSENDON AREA !! - FRED 0417 319 873
THIS IS A ONCE IN A LIFETIME OPPORTUNITY TO OWN AN ABSOLUTE ICON IN THE ESSENDON AREA, THIS IS A BUSINESS WHICH HAS HAD ONLY THREE PREVIOUS OWNERS IN 48 YEARS !! WITH TAKINGS OF OVER $20,000 ON AVERAGE PER WEEK, THIS IS ONE OF THE MOST SECURE AND LONGEST ESTABLISHED BUSINESSES IN THE AREA, THIS PIZZA TAKEAWAY AND RESTAURANT IS FULLY LICENSED SEATING 80 PATRONS, OPERATING 7 NIGHTS, ONLY 52 HOURS PER WEEK, WITH A LONG SECURE LEASE ON OFFER, AND A RENTAL OF ONLY $1050 PER WEEK, BOASTING A FULL COMMERCIAL KITCHEN WITH WALK-IN COOLROOM, WALK-IN FREEZER ROOM, AMPLE OFF-STREET PARKING, AN IDEAL BUSINESS FOR A FAMILY OR PARTNERS, INSPECTION WILL NOT DISSAPPOINT.
CALL FRED FOR MORE INFORMATION ON 0417 319 873
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:
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