Restaurant for sale, Melbourne VIC
At a glance
- Business type
- Restaurant for Sale in South Melbourne.
- Rent
- Rent Approximately $1700 per Week plus GST
- Lease
- Lease 3 x 3 years - 7 years left on lease
About the business
A restaurant in South Melbourne, Victoria, currently providing lunch and dinner. It is currently operating 7 days per week, with Saturday dinner only from 5.50pm to 10.00pm. The restaurant is on 2 levels seating 128 patrons, with a separate function room for 40 patrons upstairs. It has a well equipped commercial kitchen and approximately 220 squares, and a large liquor licence for 128 patrons. The lease is 3 x 3 years with 7 years left, and a possible lease extension is available. The reason given for the sale is that the owner has other interests.
Financing calculator
An estimate, not a loan offer. Change the numbers to see what buying this business would take in cash and what the repayments would be each month.
Asking price$120,000
Paid by
Your cash$36,000
Secured loan, 7 years at 6.98%$84,000
Each month
Loan repayment$1,270
Repayments each month
$1,270
Over 7 years you repay $106,425, of which $22,425 is interest.
Secured on property: the RBA's average for small business new loans secured on residential property, August 2026. Lenders set their own rates and terms, and this leaves out stamp duty and fees. Source: Reserve Bank of Australia 2026.