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19 Richardson Street, Serpentine.

$399,000 - $420,000 : Freehold + Business

Iconic local property and business - Reenie's Kitchen

Reenie's Kitchen is not just a business; it is a destination that hits the mark and fills the enormous gap in the local takeaway food market, leaving an indelible mark on the taste buds and hearts of all who pass through its doors. Nestled in the heart of Serpentine, this iconic establishment has experienced a meteoric rise, captivating new customers and providing a service to the local community. Within a 7km radius, it stands alone as the only place to find delicious home-cooked meals, satisfying the cravings of a community that had long yearned for such flavours. The sale: Price Guide $399,000 - $420,000 The business and the property are being sold on a walk-in walk-out basis. All interested Parties will be deemed to have conducted their own thorough due diligence, investigations and enquiries regarding all facets of the property and business, and be satisfied to this effect - prior to entering into any purchasing agreement. The business: This turnkey operation comes fully equipped with an array of plant and equipment, ensuring uninterrupted trading and continued success. From stainless benches to deep fryers, a pizza oven to a baker's oven, standalone griddle plates to freezers, a coolroom to fridges, and an efficient EPOS system, every tool is at your disposal. For a comprehensive understanding of the business's potential and performance, lists of inclusions and other business information is made available upon request. The property: Beyond the culinary delights, Reenie's Kitchen boasts a landmark building on a sprawling 855m2 block, complete with rear laneway access. There's plenty of potential to improve the balance of the lot, with a blank canvas - maybe a garden setting or overflow dining space? With a storied past as a highly regarded butcher shop for several decades, this building dates back to the early days of the Serpentine townsite settlement, circa early 1900's. It stood witness to the townsite's transformation after being re-gazetted from the South Western Highway during the construction of the railway to Bunbury, etching its place in history. Now, this historic building has been thoughtfully re-purposed into a compact yet highly productive commercial kitchen. Potential use: Highlighted by the Serpentine Townsite Local Structure Plan (draft), Reenie's Kitchen is designated as part of the future Neighbourhood Centre, positioning it at the forefront of the town's future growth. Discuss the scheme and draft LSP with the local government. Currently zoned Urban Development under the current planning scheme (Serpentine-Jarrahdale Town Planning Scheme no. 2), there are multiple potential land uses, including residential (STCA). Located within the proposed commercial precinct, it stands as a beacon of opportunity, benefiting from a variety of potential land uses and a growing community that passionately supports local ventures. What next!? This is your chance to secure an ongoing income, to take ownership of a landmark property in the ever-popular Serpentine, and make your mark on the local food business. Enquiries, release of information and bookings for private appointments to inspect the property are made available by direct contact to Miles Walton from Acton | Belle Property Mandurah.

Director | Sales Representative | Auctioneer
Sales Associate
Property information
Property ID
L23782453
Property type
Other
Land size
856.0 squareMeter
Home size
120.0 squareMeter

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Thank you for your interest in 19 Richardson Street, Serpentine WA 6125. To receive a copy of the contract via email, please fill in your details below.

 
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Get to know the area.

Falling under a 905 square kilometre area of the Shire of Serpentine-Jarrahdale, the suburb of Serpentine was established in 1893 for the South Western Railway between Perth and Bunbury. Named after its jarrah forest, Jarrahdale was established in the late 1800s as WA’s first major timber milling operation and today is managed by the state’s National Trust.

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Acton | Belle Property Mandurah is home to a powerhouse team of sales consultants, auctioneers, property managers and rural experts, ready to achieve exceptional outcomes for its loyal customers. Passionate about our local community, we treat every home as if it were our own and care for every client with the same level of enthusiasm and expertise.

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