An Award-Worthy Dining Experience in a Prime Location available at a fraction of the replacement cost
An exceptional opportunity exists to acquire a high-end restaurant in the heart of Canberra Centre. Renowned for its innovative fusion menu and striking design, this venue has become one of Canberra’s most celebrated dining destinations.
Highlights
- Prime Location: Situated in a high-traffic precinct in the city surrounded by premium retail and hospitality operators.
- Turnkey Operation: Fully fitted and operating under management with an experienced team across front and back of house.
- Stunning Fit-Out: Over $1.4 million in assets and furnishings, including bespoke fixtures, marble finishes, and premium kitchen equipment.
- Favourable Lease: Current lease runs to February 2027, with a five-year option, and rent at approx. $32,600/month (incl. GST).
- Fully Licensed: Liquor and food licences in place, transferrable to new owner.
- Capacity: Approx. 120 seats across dining, bar, ceviche, and lounge areas.
- Under Management: Ideal for investors or experienced operators seeking a premium hospitality business without daily oversight.
- High Turnover: Turned over more than $280,000 last month.
Investment Overview
- Asking Price: $600,000 + stock at value - $35,000.
- Bank Guarantee: $89,000 (incl. GST)
- Secure Lease: 2 years and 5 months + 5 year option applicable February 2027
- Full financials not available due to recent company restructure – detailed operational and asset information available upon request.
Why Buy
This is a rare chance to step into one of Canberra’s most visually stunning and operationally refined restaurants. With a loyal clientele, award-winning team, and outstanding location, the business is ready for a new owner to continue its success or take it in an exciting new direction.
