The bakery is a long-established and extremely well-known business, with current owner/operators having been here 7years... The bakery has Street frontage, with good passing trade and has plenty of parking available at the front.
The bakery boasts an amazing turnover of $300,000 p.a. with a great rent of $6,600 p.m there is a long lease of 7 yers in place. The bakery is currently run by the vendors with the assistance of 2 full-time staff to ensure a smooth running of the business.
We currently trade 7 days a week (excluding public holidays)
The size of Reservoir is approximately 18.9 square kilometres. There are 45 parks, covering nearly 8.8% of the total area. The population of Reservoir in 2016 was 50474 people. By 2021 the population was 51096 showing a population growth of 1.2% in the area during that time. The predominant age group in Reservoir is 30-39 years. Households in Reservoir are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Reservoir work in a professional occupation.In 2021, 59.90% of the homes in Reservoir were owner-occupied compared with 59.30% in 2016.
Reservoir has 29,148 properties. Over the last 5 years, Houses in Reservoir have seen a 2.30% increase in median value, while Units have seen a 10.80% increase. As at 30 June 2026:
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