5 Smith StreetWarragul VIC 3820
Property Details for 5 Smith St, Warragul
Last Listing description (March 2018)
An amazing opportunity exists here to be in the Centre of the food/restaurant industry in Warragul.
Bank Warragul is The Place to be, with upstairs terrace area, wine bar, night club/function venue . This is the opportunity to supply the patrons here both during and after events, as well as create your very own following in this prominent ground floor space. There is no real limit to what you can achieve with this very enthusiastic and very experienced vendor. Breakfast/Lunch/Dinner potential. The wood fire pizza oven is the centre stage of the kitchen facilities and there is also the possibility to manage the bar on this floor to add to the income earning potential (licence to be approved). This venue would suit most food/beverage concepts. Your enthusiasm and hard work is all that is needed to create your future. Situated in the Warragul CBD, close to the cinema & West Gippsland Arts Centre.
With the constant patronage and events already in place waiting for your catering, there is already an income stream to get you a base to build off.
$40,000 plus GST
With or with out bar (licence required)
Wood fire pizza oven built in
Newly refurbished seated area
Pre existing events to cater for
5am liquor licence
Disabled Entry
Direct Street Access/Exposure
Outdoor Seating
Property History for 5 Smith St, Warragul, VIC 3820
- 05 Dec 2017Listed for Rent $40,000 / year
- 16 May 2012Sold for $700,000
- 16 Nov 2011Listed for Sale 750000
Recent sales nearby
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0About Warragul 3820
The size of Warragul is approximately 55.0 square kilometres. It has 43 parks covering nearly 4.4% of total area. The population of Warragul in 2016 was 15757 people. By 2021 the population was 19856 showing a population growth of 26.0% in the area during that time. The predominant age group in Warragul is 30-39 years. Households in Warragul are primarily childless couples and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Warragul work in a professional occupation.In 2021, 74.70% of the homes in Warragul were owner-occupied compared with 72.70% in 2016.
Warragul has 13,201 properties. Over the last 5 years, Houses in Warragul have seen a 31.71% increase in median value, while Units have seen a 34.84% increase. As at 31 December 2025:
- The median value for Houses in Warragul is $718,825 while the median value for Units is $426,027.
- Houses have a median rent of $568 while Units have a median rent of $410.
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