Turnkey Restaurant, Clarendon Street Location, South Melbourne | ID: 1436

South Melbourne VIC
Asking Price $59,000 negotiable
Revenue
Profit
About

A rare chance to step straight into a South Melbourne restaurant - one of Melbourne's most sought-after dining precincts. A motivated seller offers this fully fitted, walk-in-ready restaurant on Clarendon Street.

Skip the 6–12 month build, the council headaches, and the six-figure fit-out bill. Open the doors and start trading on day 1.

Price $59,000 Negotiable

See a walk-through video: xxxxx.com/shorts/Qaie4MWNxi0

What you're getting

   -  A complete fit-out and equipment package valued at 2x asking price

   -  103 m² floor area with a stylish, ready-to-use dining room seating 34 inside, plus scope for outdoor tables

   -  A fully functional commercial kitchen with a grease trap and mechanical exhaust

   -  Large walk-in cool room and generous storage

   -  Move in, switch on, and trade from day one - nothing more to spend

The lease

   -  Gross lease in place through November 2026

   -  Plus a 3-year option to November 2029, with a further 3-year option potentially extendable to 2032

   -  Annual reviews capped at 3%

A clean slate in a proven location

This sale covers the fit-out and equipment only - no business, brand, or goodwill -  giving you a blank canvas to launch your own concept in a precinct where foot traffic, dwell time, and dining culture are already doing the heavy lifting for you.

Turnkey restaurants like this on Clarendon Street, South Melbourne, are tightly held and rarely come to market. Inspect before it's gone.

If you would like to know more about this business, please complete our online confidentiality agreement here: xxxxxxxxxx/ca-form-1436

or visit our website at xxxxx and use the reference #1436 to search for the business.

Please note: Stock images may be used and do not always reflect the actual business for sale.

Property Code: 1436
        

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Listed By: Last Updated 23 May 2026
Contact this seller
What's your enquiry about?
Listed By: Last Updated 23 May 2026