Greg Jeloudev and Edward Browne from JLL Hotels & Hospitality Group offer an city fringe leasehold hospitality business Camperdown Commons for sale on behalf of group hospitality operator CMNL.
JLL Hotels & Hospitality group presents to market an excellent city fringe leasehold hospitality opportunity, Camperdown Commons.
Positioned on a large 3,781sqm landholding within the heart of Camperdown, the venue boasts an excellent trading platform comprising of public bar, indoor and outdoor dining areas as well as multiple function spaces. Approximate weekly trade is currently in the vicinity of $55,000 (ex. GST) comprising primarily of food and beverage sales with further growth to be expected from a hands-on operator. Camperdown Commons is offered for sale on behalf of group hospitality operator CMNL, who cite business prioritisation as the reason for the divestment.
Camperdown Commons is a focal point for the Inner West Community with its relaxed dining experience and community engagement initiatives. The venue includes an impressive newly constructed bar and bistro fitout which provides an incoming operator a turn-key business to build upon. This includes a 350-seat dining space, large commercial kitchen and impressive undercover deck area. There is also a sizable community market garden, which is currently operated by Pocket City Farms via licence agreement until June 2026. There is scope to reposition this offering to a ‘paddock to plate’ concept or similarly incorporate the function of the market garden into the hospitality business.
There exists substantial ESG benefits for an incoming operator with the current business having specific community centric operational requirements. This includes creating spaces and programs to promote wellbeing and to ensure the venue can be easily utilised by all members of the Inner West community. There is also scope to incorporate a hospitality training facility as part of a broader offering.
The city fringe suburb of Camperdown is a dynamic and vibrant locale positioned approximately 4km southwest of the Sydney CBD. The suburb is home to the prestigious University of Sydney and leading health provider Royal Prince Alfred Hospital. These institutions contribute significantly to the character of the area, which primarily comprises of academics, healthcare professionals and students. The greater Camperdown area has seen substantial urban renewal, with new residential development and commercial growth being a distinct feature in recent times.
CMNL have engaged experienced hospitality brokers Greg Jeloudev and Edward Browne from JLL Hotels & Hospitality Group to market the venue, with Mr Jeloudev noting ‘Camperdown Commons is a sizable leasehold hospitality venue that enjoys an immediate and diversified trade catchment from a loyal community. Rarely do we see a venue with such operating scale come to market in the Inner West, as such we are expecting strong interest from established hospitality groups and proximal private operators alike’.
Camperdown Commons is offered for sale via Expressions of Interest closing Tuesday 15th April 2025 at 12pm midday (if not sold prior). All interested parties are encouraged to contact the exclusively appointed JLL agents.
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