Restaurant with Marina Views: Freehold Property in Cullen Bay – Larrakeyah, NT

Description

EXCEPTIONAL OPPORTUNITY IN A PRIME WATERFRONT LOCATION!

Explore a rare opportunity to purchase both the freehold property and successful business at Eat-A-Pizza, located in the affluent suburb of Cullen Bay, Larrakeyah, Darwin. This unique restaurant boasts stunning marina views and is just a 5-minute walk from the beach.

Key Highlights:

• Freehold Property and Business for Sale: Own both the property and the thriving restaurant business with no additional rent
• Outstanding Location: Overlooking the marina, with indoor seating for 27 guests and outdoor seating for 140, surrounded by a beautiful green landscape
• Financials: Strong profits achieved with minimal opening hours (currently operating 5 nights a week), providing an excellent work-life balance
• Strata Title with Low Costs: Body corporate fees of $1,980 per quarter, including building insurance—no rent to pay!
• Potential for Growth: The new owner can further increase turnover by extending trading hours, introducing lunch service, or reintroducing a delivery service

Business Features:

• Fully licensed for dine-in and takeaway, plus a venue for weddings and private functions
• Established Italian cuisine offering pizza, pasta, and seafood, with a consistent clientele that includes local patrons and tourists
• Premier location with a growing demand for event bookings, weddings, and private functions
• The current owners are retiring after 29 years of operation, with a 3-week training and handover period provided to ensure a seamless transition

This is a rare chance to own a freehold property and a successful restaurant business in one of Darwin’s best locations!

PRICE: $1,350,000 FOR FREEHOLD & BUSINESSES