1/1320 Great Eastern HighwayGlen Forrest WA 6071
Property Details for 1/1320 Great Eastern Hwy, Glen Forrest
Last Listing description (May 2025)
OPPORTUNITY KNOCKS BUSINESS FOR SALE !! ASKING PRICE: $39K +GSTThis is a fantastic opportunity to purchase this well-established Italian restaurant TRATTORIA STYLE with a 40 seating capacity plus Al Fresco dining in a busy shopping centre, all you need to do is move in and hit the ground running. This restaurant business showing a strong profit, and boasts return/ repeat customers.Floor Area118m2 (approx)Features of the Property & Location1. This restaurant is conveniently situated in a great location at intersection of Great Eastern Highway & Hardy Road Glen Forrest2. Located at Glen Forrest Shopping Centre3. Situated in a fantastic location which enjoys significant daily passing traffic.4. No Competition in area5. Dining capacity for 40 with Al Fresco dining6. Fully equipped commercial kitchen (Inventory list available)7. Pizza oven8. Modern decor throughout (Italian Theme)9. Profitable weekly turnover, Dine In, Take away, Uber Eats, BYO10. Enormous potential for growth with returning customer baseLease Term: 2 years (OPTIONS TO RENEW) 2+2+5 YearsCommencement Date: 10 November 2023Rent: $25,540.08 plus GST Annually, paid monthly ($2,128.34) plus GST in advance 1ST Day each monthOutgoings: Paid by TenantFurther information please contact: Tim Tyler on 0418 946970Email, tim@tylerandsons.com.au or sales@tylerandsons.com.au
Property History for 1/1320 Great Eastern Hwy, Glen Forrest, WA 6071
- 29 Sep 2024Listed for Sale Asking $39,000 + GST BUSINESS FOR SALE
- 13 Jul 2006Sold for $3,100,000
- 01 Jul 2004Sold for $2,290,000
Recent sales nearby
See more recent sales nearby
Similar properties For Sale nearby
See more properties for sale nearby
0
0
0
About Glen Forrest 6071
The size of Glen Forrest is approximately 13.2 square kilometres. There are 19 parks, covering nearly 34.1% of the total area. The population of Glen Forrest in 2016 was 2776 people. By 2021 the population was 2789 showing a population growth of 0.5% in the area during that time. The predominant age group in Glen Forrest is 50-59 years. Households in Glen Forrest are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Glen Forrest work in a professional occupation.In 2021, 91.10% of the homes in Glen Forrest were owner-occupied compared with 90.70% in 2016.
Glen Forrest has 1,259 properties. Over the last 5 years, Houses in Glen Forrest have seen a 90.56% increase in median value. As at 30 June 2026:
- The median value for Houses in Glen Forrest is $1,270,097 while the median value for Units is $612,034.
- Houses have a median rent of $680.
Suburb Insights for Glen Forrest 6071
Market Insights
Glen Forrest Trends for Houses
N/A
N/A
View TrendN/A
N/A
Glen Forrest Trends for Units
N/A
N/A
View TrendN/A
N/A
Neighbourhood Insights
© Copyright 2026. RP Data Pty Ltd trading as Cotality (Cotality). All rights reserved. No reproduction, distribution, or transmission of the copyrighted materials is permitted. The information is deemed reliable but not guaranteed.
While Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.
This product uses cookies and other similar technologies to improve and customise your browsing experience, to tailor content and adverts, and for analytics and metrics regarding visitor usage on this product and other media. We may share cookie and analytics information with third parties for the purposes of advertising. By continuing to use our website, you consent to cookies being used. View our Privacy Policy here.
X
