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Images and floorplans are provided for illustrative purposes and remain the property of their respective copyright owners.

1/46 Downey Street
Alexandra, VIC 3714

$148,000 + SAV

Listed Date: 22nd May 2026
Last Updated: 23rd May 2026
Overview

1950's American Style Diner – Business for Sale

This property is a unique business opportunity featuring a 1950's American Style Diner located in the heart of the regional town of Alexandra. The diner captures the essence of the 1950's era, offering a nostalgic atmosphere reminiscent of the time when Rock'n'Roll music was popular and iconic figures such as Elvis Presley, James Dean, and Marilyn Monroe were cultural icons. The interior space provides a welcoming environment where patrons can enjoy hearty meals in a setting that evokes good times and camaraderie.

The diner is well-known for its friendly and engaging customer service, complemented by a menu that includes standout items such as the famous Cadillac Burger and Corvette Stinger. Additionally, there is a wide range of grab-and-go options available in the display cabinet and bain marie, including homemade sweet treats, fresh sandwiches, fried foods, cold beverages, quality coffee, and milkshakes. All food items are freshly prepared daily on-site in a fully fitted commercial kitchen.

The business is fully equipped with modern kitchen facilities, a cool room, and a tastefully decorated American diner interior. The premises are maintained to a high standard of cleanliness and offer both indoor and outdoor dining options, creating a comfortable and inviting atmosphere for customers. The sale includes everything necessary to commence operations immediately, making it an ideal opportunity for a new operator to take over without delay.

Currently operated by the owner, the business has established systems and procedures in place, ensuring a smooth transition for prospective buyers. The diner benefits from a prime location on Downey Street, which captures significant traffic from Melbourne via Healesville, attracting a diverse customer base including travelers, locals, and loyal patrons. The business enjoys excellent weekly rent terms and a secure lease with favorable long-term options.

Key highlights of the business include:

  • Attractive weekly rent arrangements
  • A strong and loyal customer base supported by positive online reviews and a robust social media presence
  • Operating six days per week
  • Prime location with high traffic exposure
  • Secure lease with long-term options
  • A simple, easy-to-prepare takeaway style menu

This opportunity is well-suited for an operator seeking a turnkey business with a distinctive theme and established reputation. The diner offers a unique blend of nostalgia, quality food, and a welcoming environment, making it a standout offering in the Alexandra region.

While every effort is made to ensure the accuracy and completeness of the property information provided, no guarantee is given. Buyers should independently verify all details, inclusions, availability, pricing, and other relevant information directly with the listing agent before relying on this information.

Location
1/46 Downey Street
Alexandra VIC 3714
Market Insights for Alexandra VIC 3714
New Listings (last 30 days)
7
Average price
$1,350,571
Lowest price
$199,000
Highest price
$3,000,000
Other properties in this postcode

* Search brackets are a technical classification derived from unverified metadata set by the listing agent for search filtering. It is not an official price guide, a valuation, or a representation of the seller's reserve. This data is provided for search transparency purposes only.