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Overview
2 / 21 Battye Street, Bruce
This property is a marquee hospitality opportunity located on the corner of the Proximity Apartments in a prime dress-circle location within Bruce, Canberra. It is fully equipped and currently operates six days a week as a bar and grill, offering a well-established venue ready for new ownership.
The unique positioning of this venue presents an excellent chance to develop a landmark hospitality destination in Canberra. The property includes ample parking facilities for patrons and features both indoor and outdoor dining areas. While the current menu focuses on pub classics, the venue has the potential to evolve into a gastro-pub or a prominent sports bar, with local beers on tap and flat-screen televisions tuned to sports channels.
Its east-facing aspect provides a pleasant environment for customers to enjoy morning coffee or breakfast in the sun. The outdoor area benefits from a cool breeze and shade in the evenings, offering views across the street to the sculptures of the Australian Institute of Sport.
The precinct of Bruce is home to thousands of professionals, creating a large potential customer base. It also attracts numerous visitors attending guided tours at the AIS or events at the nearby stadium. The weekday workforce and student population in Bruce provide a strong market for dine-in or takeaway lunch options.
The property comprises 151 square meters of internal space, including back-of-house areas, patron dining, lounging, and toilets. Additionally, there is a 71 square meter outdoor terrace for patrons, a 9 square meter cool room, and 35 square meters of basement storage.
Included in the sale are tables, chairs, quality furnishings, a commercial kitchen and bar, grease trap, exhaust canopy, and 3-phase power infrastructure.
Annual outgoings include strata levies of $8,614.30, ACT rates of $6,430.85, and water and sewer charges of $2,068.00, totaling $17,113.20 per annum.
While every effort is made to ensure the accuracy and completeness of the property information provided, no guarantee is given. Buyers should independently verify all details, inclusions, availability, pricing, and other relevant information directly with the listing agent before relying on this information.
Location
Bruce ACT 2617
Measurements
| Type | Dimensions |
|---|---|
| Floor Area | 151 m² |
Market Insights for Bruce ACT 2617
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