202 Great Eastern HighwayAscot WA 6104
Property Details for 202 Great Eastern Hwy, Ascot
Last Listing description (July 2008)
Business For Sale - Restaurant - Unique Chinese Restaurant! - WA3-2199
Unique Chinese Restaurant!
Flavour of the month!
Perfectly situated on a busy arterial road with extensive off-road parking near the Burswood Hotel and Casino in Western Australia.
Type of Business:
This unique Chinese restaurant which specialises in seafood has an experienced Hong Kong Chef who brings to the table distinctive Hong-Kong style and a true sense of class.
So you can visit Hong Kong every night without even leaving the country
The point of difference:
The restaurant is totally different from every other Chinese Restaurant in Western Australia. It offers a superb menu of exquisite seafood dishes served amidst elegant, contemporary dcor creating a very special upmarket dining experience. This is to cater for it's up market location near the Burswood Hotel and casino and the subsequent big number of international and interstate tourists visiting the area daily.
Seating:
The restaurant seats 200 under cover inside with a further 40 al fresco.
Established:
This fabulous restaurant with its international flavour serves up good profitability which could be improved even further without further expenditure. It has been established only two years and has captured diners' imagination.
Staff:
Well trained staff support their management. And its well placed location among many other advantages provides a good incentive to buy.
Asking price:
$1,150,000.00 + SAV + Expression of interest on Freehold
Property History for 202 Great Eastern Hwy, Ascot, WA 6104
- 29 Feb 2008Listed for Sale $1,150,000
- 06 Jul 2005Sold for $748,000
- 15 Mar 1997Sold for $1,780,000
Recent sales nearby
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0About Ascot 6104
The size of Ascot is approximately 3.6 square kilometres. There are 12 parks, covering nearly 44.2% of the total area. The population of Ascot in 2016 was 2572 people. By 2021 the population was 3095 showing a population growth of 20.3% in the area during that time. The predominant age group in Ascot is 50-59 years. Households in Ascot are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Ascot work in a professional occupation.In 2021, 66.90% of the homes in Ascot were owner-occupied compared with 70.00% in 2016.
Ascot has 1,799 properties. Over the last 5 years, Houses in Ascot have seen a 89.49% increase in median value, while Units have seen a 96.95% increase. As at 30 April 2026:
- The median value for Houses in Ascot is $1,217,290 while the median value for Units is $702,212.
- Houses have a median rent of $815 while Units have a median rent of $750.
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