Investors or owner-occupiers looking for new opportunities place a lot of emphasis on location – specifically, where is the clientele for the business coming from?
In the case of this commercial space in Bruce, they won’t have to look very far. It is bang up close to the Australian Institute of Sport, GIO Stadium, the University of Canberra, the Canberra Institute of Technology, Calvary Hospital and a line-up of residential apartments.
In addition, its position on Battye Street, close to arterial roads, also provides easy access from the wider region.
The unit, with a quality restaurant fit-out, features 160 square metres of internal space and 71 square metres of covered outdoor seating.
Internal features include a dining and bar area, a full commercial kitchen and cool room, restrooms and three basement car bays on title. There’s also plenty of customer parking out front.
Cody Edwards of Raine & Horne Commercial says the property presents an outstanding opportunity.
“The location is really key when you consider the range of big institutions in close proximity along with residential developments,” he says.
“That’s a potentially huge audience for any business to draw on.”
Edwards say the property is for sale with a price guide of $1.85 million or for lease and will strongly appeal to either an owner-occupier or an investor.
The purpose clause allows the space to be reconfigured to suit other business uses.