Furnished
restaurant for sale

17 London Circuit, City ACT 2601

$260,000

BusinessSize: n/a
Block size: 408 m² approx.Business size: 197 m² approx.UV: $1,760,000 (2023)
This popular restaurant with a large loyal customer base in city is in a perfect location,
only 2 minutes from the city centre and situated next to Canberra theatre,
also near to many hotels, apartments, government offices
this is an excellent opportunity for anyone who wants to open their own business on a low budget

It is fully furnished and currently trading as a successful Chinese restaurant but can be suitable for other cuisines

low maintenance: landlord hired someone cleaning toilets for you

24 hours air conditioning without pay anything

Lowest rent in Canberra

Restaurant - 77 seats

The restaurant is fully licenced.

Lease - negotiable

Total trading area of approx 197sqm.

Open 6 Days a week, closed Sunday.(potential for 7 days)

Please only contact if you are genuinely interested.

Call 0430003788
Features
  • Body Corporate
  • Central Heating
  • Fully Furnished
nbn® Fibre to the Premises (FTTP) is available in this property
Max wholesale speed tier available: nbn® Home Ultrafast

Inspections

No open inspections scheduled.

Send an enquiry

Contact wei he to learn more about this property, request an inspection or take an online tour.

Key details

Property type:
Business
Block Size:
408 *
Unimproved Value:
$1,760,000 (2023)

Other Details

Block:
1
Section:
3
Business Size:
197 *
Rates (Residential):
$9,861*
Rates (Commercial):
$90,880*
Rates (Rural):
$2,048*
Land Tax (Residential):
$19,418*
Legal description:
CANB/CITY/3/1
nbn® availability:
nbn® Fibre to the Premises (FTTP)
*These are approximate values based on available information.
  • wei he

    Private lister

Maps and area information

Land Details
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Block information
Block 1 Section 3 City
Block size: 408 (approx)
Unimproved value: $1,760,000 (2023)
Legal description: CANB/CITY/3/1
Block Map
Measurements are estimates only and based on data provided under licence from © PSMA Australia 2024.
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The value of a block of land without any buildings, landscaping, paths, or fences. This is different to the block's market value. A block's unimproved value is used to calculate rates and land tax charges.
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Enrolment areas for ACT public schools.

What's nearby

Ainslie Primary SchoolPrimary School
1.4km
Campbell High SchoolHigh School
1.9km
Calvary Private HospitalHospital
4.8km
Canberra CentreMajor Shopping Centre
0.6km
Australian National UniversityUniversity
0.8km
Merici CollegeCollege
1.8km
City Post OfficePost Office
0.3km
Aust. Defence AcademyTafe
3.4km

Property history

We couldn't find any history for this property.
See City's suburb profile

City suburb information

A little bit about who lives locally, as provided by government census data
SummaryMedian salesUnimproved value
Average Age
27 years
Population
4,835
Unimproved value for City
$1,760,000
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Listing ID: 177374107. This listing has been viewed 1433 times. It was first displayed on 04/10/2019 and last updated on 24/01/2022.
Allhomes acknowledges the Ngunnawal people, traditional custodians of the lands where Allhomes is situated. We wish to acknowledge and respect their continuing culture and the contribution they make to the life of Canberra and the region. We also acknowledge all other First Nations Peoples on whose lands we work.
"With open hearts and minds, together we grow." artwork by David Williams of Gilimbaa.