GROUND FLOOR/380 Victoria StreetRichmond VIC 3121
Property Details for Ground Floor/380 Victoria St, Richmond
Last Listing description (August 2019)
Phone enquiries - please quote property ID 19810
This caf MUST be seen to appreciate. Lovely d cor with inside and outside eating (including private alfresco area). Established for more than 3 years with takings ranging from $15,000 - $30,000 per month.
Located in a prime location on a corner with its own building. Currently trades only 6 days per week from 7.00am until 3.00 and serves breakfast and brunch only. This is a huge opportunity for the new owner to expand into lunch and even in the evenings. Possible alchol licence could also be obtained for evening meals. Endless opportunity. The business does around 10kg of coffee per week (and rising).
All equipment is included in the sale and is fully owned. Good coffee machine, induction cooking, toasters etc all in place and in good condition. There is a Barrister and a kitchen hand employed, plus the owner.
The business has a good facebook and social media presence. Also, on the major food websites.
Crompton Coffee is now on the market and note that the selling price is the same as its original purchase price. Current owners have never run a caf before with food and have decided that the business is far better off in experienced hands . Imagine: This business is really only running around 50% of its capacity. It is in a great location and is an excellent opportunity.
Property History for Ground Floor/380 Victoria St, Richmond, VIC 3121
- 04 Aug 2019Listed for Sale $200,000
Recent sales nearby
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About Richmond 3121
The size of Richmond is approximately 4.4 square kilometres. There are 20 parks, covering nearly 4.9% of the total area. The population of Richmond in 2016 was 27705 people. By 2021 the population was 28587 showing a population growth of 3.2% in the area during that time. The predominant age group in Richmond is 20-29 years. Households in Richmond are primarily childless couples and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in Richmond work in a professional occupation.In 2021, 43.00% of the homes in Richmond were owner-occupied compared with 40.80% in 2016.
Richmond has 22,748 properties. Over the last 5 years, Houses in Richmond have seen a -11.55% decrease in median value, while Units have seen a -1.96% decrease. As at 31 August 2026:
- The median value for Houses in Richmond is $1,381,048 while the median value for Units is $644,082.
- Houses have a median rent of $895 while Units have a median rent of $625.
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