176
Great Western
Highway
blaxland
NSW,
2774
$2,300,000 Exc GST
Iconic Blue Mountains Restaurant Freehold | A Landmark Hospitality Opportunity
PRD Commercial Western Sydney is proud to present Michelangelo's Italian Restaurant, 176 Great Western Highway, Blaxland - a rare opportunity to acquire the freehold title to one of the Lower Blue Mountains' most recognisable hospitality landmarks.
For generations, this has been far more than just a restaurant site. It is a destination known to locals, a venue woven into the social fabric of the area, and a property that carries genuine presence within the community. In a market where purpose-built, freestanding hospitality assets are exceptionally scarce, Michelangelo's stands apart as an offering of character, history and immediate operational appeal.
Set on a substantial 1,447sqm (approx.) parcel with secure on-site parking for up to 14 vehicles, the property enjoys a commanding Great Western Highway position with the rare convenience of easy access from either direction. That exposure, combined with the profile of the building itself, gives the site a presence that is difficult to replicate and impossible to ignore.
Originally designed and rebuilt specifically for restaurant use, the improvements reflect a clear vision for quality hospitality. The venue is licensed to seat 128 patrons internally and offers a warm, atmospheric layout that includes multiple dining spaces, a fully equipped bar, reception / bar area as approved by council, office, woodfire pizza oven area and an expansive underground cellar and storage area. Sound-treated main dining rooms further enhance the customer experience, while the beautifully landscaped gardens create additional scope for outdoor dining, private events, celebrations and creative hospitality concepts.
What makes this opportunity particularly compelling is that it is not simply the sale of a building - it is the sale of an established hospitality environment with extensive infrastructure already in place. The property is offered with a substantial package of lessor-owned plant, equipment and dining inventory, allowing an incoming operator to take control of a venue that is already set up for service, rather than starting again from an empty shell. The inclusions list confirms major commercial kitchen equipment, refrigeration, custom walk-in cool room/freezer infrastructure, bar equipment, tables, 120 chairs, and cutlery, crockery and glassware for 120 place settings, all of which significantly enhance the practical value of the offering.
For owner-operators, established hospitality groups or buyers seeking a destination venue with soul, scale and long-term upside, this is a rare chance to secure a tightly held Blue Mountains icon with full control of the underlying freehold. Offered with extensive fit-out and operational infrastructure in place, subject to final inventory and contract, with stock and the current operator's POS system excluded.
Premium key features
• Landmark freestanding restaurant freehold in the heart of Blaxland
• Purpose-built hospitality improvements with strong local identity
• 1,447sqm* site with excellent highway exposure
• Easy vehicle access from either direction on the Great Western Highway
• Licensed internal seating for 120 patrons
• Beautiful garden surrounds with scope for outdoor dining, events and functions
• Extensive lessor-owned plant, equipment and dining inventory in place
• Commercial kitchen, refrigeration and bar infrastructure included
• Woodfire pizza oven area with dedicated prep/storage provisions
• Sound-treated dining rooms, private dining room and office
• Huge underground cellar and storage area
• Secure on-site parking for up to 14 vehicles
• Freehold title offered with extensive hospitality infrastructure in place
• Stock and current operator's POS system excluded
• Sale subject to final inventory and contract
Sale includes the freehold together with extensive lessor-owned plant, equipment and dining inventory in place, subject to final inventory and contract. Stock and the current operator's POS system are excluded.
Disclaimer: We have been furnished with the above information however, PRD Penrith, PRD Blue Mountains & PRD Glenmore Park gives no guarantees, undertakings or warnings concerning the accuracy, completeness or up-to-date nature of the information provided. All interested parties are responsible for their own independent enquiries in order to determine whether or not this information is in fact accurate.
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median House price
1204000suburb growth
7.0%median House rent
700suburb rental yield
3.0%Source: Suburb Flyover Report Series, APM Pricefinder. PRD does not give any warranty in relation to the accuracy of the information contained in this report. If you intend to rely upon the information contained herein, you must take note that the Information, figures and projections have been provided by various sources and have not been verified by us. We have no belief one way or the other in relation to the accuracy of such information, figures and projections. PRD will not be liable for any loss or damage resulting from any statement, figure, calculation or any other information that you rely upon that is contained in the material. Prepared by PRD Research © All medians and volumes are calculated by PRD Research. Use with written permission only. All other responsibilities disclaimed.