Kingston hospitality space on the foreshore up for grabs

There’s no doubt the Kingston Foreshore has proved itself a popular restaurant and bar precinct during its relatively recent lifespan.

And why not – it has a bang-on, dress circle location right on the lake, still somewhat of a novelty in Canberra as far as the hospitality sector is concerned.

Outside of this privileged position, the number of other venues that can claim an absolute waterfront location amounts to . . . well . . . few.

That means that investors and owner occupiers take notice when a foreshore property comes to market.

And that interest may well shift into overdrive over this big Kingston space of more than 300 square metres.

It comes complete with a quality fitout and offers a reception and bar area along with a big dining space, private rooms, a massive commercial kitchen and restrooms. There’s also a further 66 square metres offering an outdoor dining option.

Armin Kashan of K Property says this is a rare opportunity to secure a prime spot in one of Canberra’s most vibrant locales.

“It sits among many high-end residential developments and enjoys a high level of foot traffic,” he says.

“And with the fitout in place, a new operator could be up and running almost immediately.”

The property comes with a circa $2.5 million price guide but is also available for lease. It comes with three basement car bays.

$2,300,000+

Unit 156/45 Eastlake Parade, Kingston ACT 2604

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