Stake a place in big growth corridor of south Canberra

A hospitality operator looking to expand or stake a place in Greenway might like to take a close look at this spacious ground-floor unit on Cowlishaw Street.

The huge bonus is its existing cafe/restaurant fitout, representing a significant upfront cost saving.

It is made even more attractive by a stamp duty-exempt price tag.

Steve Burke of Burgess Rawson says this versatile space is ready for an owner-operator or investor seeking a prime location.

“While it’s zoned for a wide variety of purposes, the presence of a fitout would certainly appeal to a hospitality operator,” he says.

“That could certainly shorten the timeline until it opens for business.”

$980,000 + GST

41/1 Cowlishaw Street, Greenway ACT 2900

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The property offers a space of 205 square metres and includes a commercial kitchen, bar, restrooms, cool room and ample storage.

Outdoor dining space is available and could be expanded, subject to approval. Six basement car bays are also on title.

Other zoned uses beyond hospitality include indoor recreation, non-retail commercial, as a place of assembly, and general retail.

The ground-floor unit is close to a large office development housing the Department of Social Services and Services Australia.

And it’s also close to the South.Point Tuggeranong shopping centre, sporting venues and clubs.

“This is a great opportunity to stake a place in one of the big growth corridors in southern Canberra,” Burke says.