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ICONIC ITALIAN RESTAURANT

HIGHPOINT PRECINCT
$560,000 - $630,000

Description

Landmark Location | High-Performing Business | Long-Term Security

BUSINESS HIGHLIGHTS:

  • Annual sales of $1,500,000+
  • Net profit of $250,000 pa (adjusted)
  • Secure 20-year lease in place
  • Rent approx. $8,000 (incl GST) per month
  • Licensed for 120 patrons until 1am
  • Two Liquor Licences – On-Premise + Takeaway
  • Modern fit out with significant capital contributions
  • Fully equipped commercial kitchen + extensive plant & equipment
  • Open plan dining across two expansive levels – ideal for functions
  • Gelato bar, drive-through & takeaway section
  • Abundant on-site staff & customer parking
  • Prime exposure moments from Highpoint within a well-established estate
  • Well-loved Italian brand with over 20 years of family ownership
  • Experienced team, strong systems & full training provided

PRICE: $560,000 – $630,000 + Stock

A Standout Hospitality Asset with Proven Performance.

This is more than a restaurant; it’s a destination venue.

Positioned within the tightly held Highpoint precinct, this striking hospitality asset occupies a converted former army gymnasium, now transformed into a vibrant, contemporary Italian dining space spanning two expansive levels.

Surrounded by established residential catchments and located just moments from Highpoint Shopping Centre, the business benefits from consistent local trade, destination diners and strong event clientele. High exposure, excellent accessibility and generous on-site parking further enhance its appeal.

Internally, the venue impresses with soaring ceilings, open-plan dining and a versatile upper-level seating area ideally suited to private functions, celebrations and group bookings. The modern fit out has been thoughtfully executed with substantial capital investment, creating a refined yet welcoming environment.

The commercial kitchen is fully equipped and supported by extensive plant and equipment. A dedicated gelato bar with drive-through and takeaway section provides additional revenue streams and broadens the offering across dine-in and takeaway.

Financially, the business delivers consistent performance, with annual turnover exceeding $1.5 million and an adjusted net position of $250,000+. A secure 20-year lease and attractive commercial rent provide long-term stability rarely seen in opportunities of this calibre.

After over two decades of family ownership, the brand enjoys strong community loyalty, established systems and an experienced team in place. Full training and transition support will ensure a seamless handover.

For experienced operators or hospitality entrepreneurs seeking a proven performer with scale, reputation and immediate returns, this opportunity represents outstanding value.

Opportunities combining history, profitability and long-term lease security in tightly held Highpoint precinct locations are rarely offered. Contact Marc on 0412 359 907 to arrange a confidential inspection.

  • HIGHPOINT PRECINCT, Melbourne, Australia
Marc Di Genova
Marc Di Genova
0412 359 907
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