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Description: Newly Renovated | High Weekly Turnover
A rare opportunity to acquire a high-performing Southeast Asian restaurant in the heart of Newtown’s iconic King Street.
Surrounded by Sydney Uni students, hospital staff, locals, and constant foot traffic, this business is perfectly positioned for stable revenue and long-term growth.
Business Details:
- Shop Area: 98 sqm
- Rent: $1,692/week (incl. GST & outgoings)
- Lease Term: 3.8+5 years remaining
- Business Hours: Monday–Saturday, 11 am–3 pm; 5pm -9pm; Sunday 12-3pm; 5-9pm
- Staffing: 2 chefs and 1 front-of-house staff
- Equipment: Full kitchen, exhaust, grease trap, cool room
- Capacity: 35+ seats
- Traffic: Buses; easy access to city & suburbs
- Easy to Operate：
The business runs smoothly with a full kitchen team in place. Ideal for investors or multi-store owners seeking a hands-off model.
- Prime Newtown Location：
Positioned on busy King Street, close to The University of Sydney and Royal Prince Alfred Hospital.
High pedestrian flow from students, medical staff, residents, and weekend crowds.
- Fully Equipped Commercial Kitchen：
The setup supports almost any cuisine and high-volume operations:
-Commercial exhaust system
-Grease trap
-Large cool room
-Rear access and parking
Suitable for Malaysian/Southeast Asian cuisine, Asian fusion, noodles, BBQ, brunch concepts, or casual dining.
-High-Value Renovation (approximate $400k invested)：
The restaurant features modern interiors, quality finishes, and a spacious dining area—saving the new owner major upfront costs.
Ideal For：
- Hospitality investors seeking a stable, under-management business
- Owner-operators looking for strong cash flow
- Experienced restaurateurs wanting to enter the Newtown market
- Multi-store business owners expanding their portfolio
Property ID (BUSI 191)
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