Fitzroy, Victoria 3065

Italian Restaurant in the Heart of Fitzroy

For Sale | $120,000

Restaurant

This is a rare opportunity to acquire a fully equipped, licensed restaurant in one of Melbourne's most dynamic and sought-after inner suburbs. With a distinctive concept built around fresh, house-made pasta served by the metre, the business offers something genuinely different in a competitive hospitality market.

Situated on one of Melbourne's most recognised dining and entertainment strips, the business benefits from strong foot traffic, a loyal local community, and a suburb celebrated for its vibrant culture, street art, live music, and annual events. This location alone represents a significant asset for any incoming owner.

*Taking $520,000 per annum
*2+1+1 years lease; $6,695.83 per month
*Fully equipped commercial kitchen (with walk-in cool room and freezer, pasta machine, two 6-burner stoves, Henny Penny deep fryer, turbo fan oven, and 4-burner grill)
*Liquor licence with extended trading hours
*279 sqm premises; indoor seating for 70+ guests
*Two full-time and one casual staff

Contact Nick today to secure this unique hospitality opportunity!

Listing ID: ME03446
Broker: Nick Kolaitis
Phone: 0411 428 161
Email: nick.kolaitis@linkbusiness.com.au
Ref: ME03446
Timestamp: 20260415063004

Share

Contact


Nick Kolaitis



Marketing By


Nick Kolaitis

LINK Melbourne / Tasmania

Overview

This Restaurant Business is one of 20 businesses for sale in Preston, Victoria, and one of 5 Restaurant Businesses in this region that a business for sale currently has on offer. This Restaurant Business is for sale in Preston for the asking price of $120,000 and is new to the market.