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Established Kiwa Korean Grill In Sunnybank Hills For Sale

Sunnybank Hills, Queensland, Australia
Asking Price:
$100K - $250K (AUD)
Sales Revenue:
On request
Cash Flow:
On request

Approx. $600,000 Annual Turnover* with significant growth potential.
Prime foot traffic location situated in a major shopping centre, directly adjacent to a major supermarket.
Walk-in, walk-out sale including all kitchen equipment, furniture, and intellectual property.
High-value fit-out, over $300k, featuring a professional exhaust system essential for Korean Grill operations.
Flexible lease options with ~1.5 years remaining and potential for a new 5-year term.
Renovation & quality upgrades: ~$20,000 recently spent on improvements.
Diverse customer base with a loyal following of local residents, including strong Chinese and Australian demographics.

Positioned in the bustling heart of Sunnybank Hills, this Korean Grill offers a rare turnkey opportunity to secure a functioning hospitality business with immediate cash flow. Located next to a major supermarket in a busy shopping plaza, the business benefits from massive daily foot traffic and unparalleled exposure within one of Brisbane's most iconic dining destinations.

The premises features a high-quality fit-out including 16 tables and a fully equipped commercial kitchen.

The BBQ business has been operating at the site for 10 years and has quickly built a reputation for its authentic Korean menu. With training provided and a flexible layout suitable for various cuisines, this is an affordable and strategic purchase for those looking to capitalize on the Sunnybank Hills market.

The owners have decided to move on from this amazing opportunity and it must be sold. Enquire now before you miss out.

*Approximate figures only.

Property Information

Real Estate:

Lease

Location:

The business operates from Shop 29 within Pinelands Plaza, a premier multicultural shopping and dining precinct strategically positioned on the corner of Beenleigh Road and Pinelands Road in Sunnybank Hills. The plaza serves as one of Brisbane’s most iconic culinary destinations and a vital community retail hub for the southern suburbs.

Anchored by Coles Supermarket and supported by essential services including Australia Post, medical clinics, and pharmacies, Pinelands Plaza attracts high-volume, consistent daily visitation. The centre is renowned for its vibrant international dining laneway, featuring a mix of Korean, Chinese, Vietnamese, and Indian operators. This established "foodie" reputation ensures a steady stream of destination diners in addition to the organic foot traffic from daily grocery shoppers.

Sunnybank Hills is a high-demand, affluent multicultural precinct within Brisbane’s southern growth corridor. As of early 2026, the area continues to see strong population growth and remains a central pillar of Brisbane’s "Little Asia" district. The suburb’s high density and culturally diverse demographic provide a robust and loyal customer base specifically seeking the authentic Korean dining experience offered by Kiwa Korean Grill.

The plaza offers generous on-site parking with over 200+ spaces and multiple entry points, ensuring maximum convenience for customers. Its location at a major intersection provides unparalleled business exposure and advertising visibility, making it an ideal environment for a high-turnover hospitality operation.

Key Locational Highlights:
· Prime Position: Located within Pinelands Plaza, a top-tier multicultural dining and retail hub.
· Anchor Strength: Directly adjacent to Coles, driving heavy daily foot traffic and convenience-based visits.
· Demographic Appeal: Situated in a high-density, culturally diverse catchment with a strong affinity for international cuisine.
· Proven Destination: Part of a famous restaurant precinct that attracts diners from across Greater Brisbane.
· Excellent Accessibility: Significant on-site parking and easy access to major arterials (Beenleigh and Pinelands Roads).
· Strategic Growth: Located within Brisbane’s high-growth southern corridor with increasing residential density.

This combination of a blue-chip retail location, high-performing anchor tenants, and a dedicated culinary customer base underpins the business’s current stability and significant potential for future revenue growth.

Premises Details:

Kiwa Korean Grill operates from Shop 29, an approximately 128 sqm tenancy within Pinelands Plaza, a premier and well-established suburban retail and dining precinct positioned on Beenleigh Road. The centre is anchored by Coles and supported by a diverse mix of high-performing specialty retailers, attracting significant daily foot traffic from the local Sunnybank Hills catchment and destination diners from across Brisbane.

The premises benefits from a prime position within the plaza’s dedicated dining strip, offering exceptional visibility and ease of access. The restaurant currently operates seven days a week, providing consistent lunch and dinner services. These hours cater to a loyal demographic of local residents, professionals, and students, with further scope to extend trading to capture the late-night dining market prevalent in the Sunnybank district.

Established as a turn-key hospitality operation, the business offers a modern and authentic aesthetic. The premises is professionally fitted with a high-capacity commercial kitchen and ventilation system, designed specifically for Korean grill operations. The dining area is efficiently configured with 16 tables, offering a comfortable and high-density seating layout. Recent improvements totaling approximately $20,000 have modernized the interior, ensuring the business is positioned for immediate handover with no additional capital expenditure required.

Key business highlights include:
· Approximately 128 sqm tenancy within a high-traffic, landmark shopping plaza.
· Prime Location within Pinelands Plaza, directly adjacent to Coles and major service providers.
· Turn-key Hospitality Fit-out featuring 16 tables and a fully equipped commercial kitchen.
· Specialized Infrastructure: $20,000 in aesthetic and equipment upgrades.
· Walk-in Walk-out Opportunity including all intellectual property, equipment, and existing customer goodwill.
· Strong Growth Potential with the ability to extend trading hours and leverage the high-exposure location for expanded marketing.
· High-Density Catchment: Positioned in one of Brisbane’s most resilient multicultural retail hubs, supporting strong repeat trade.

This combination of a strategic retail footprint, high-value specialized equipment, and a prime location within a dominant shopping precinct makes Kiwa Korean Grill a compelling opportunity for owner-operators or hospitality investors looking to secure a foothold in the competitive Sunnybank Hills market.

*Approximate figures only.

Business Operation

Expansion Potential:

Kiwa Korean Grill presents an exceptional turn-key opportunity in the heart of Sunnybank Hills’ premier dining hub, Pinelands Plaza.

Strategically located directly adjacent to Coles, the business captures massive daily foot traffic from a diverse, high-growth demographic. With a $600k annual turnover and over $300k invested in a premium fit-out—including specialized Korean Grill exhaust systems—it offers immediate cash flow with significant scaling potential. The site’s 10-year legacy ensures a loyal following in one of Brisbane’s most iconic multicultural culinary destinations.

Trading hours:

Monday to Sunday (11:30am - 3:00pm ; 5:00pm - 9:00pm)

Other Information

Website:
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