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Images and floorplans are provided for illustrative purposes and remain the property of their respective copyright owners.

40 Marcus Clarke Street, Canberra ACT 2601

Listed: yesterday
Updated: 7 hours ago
Overview

Located in Canberra’s vibrant City West precinct, the Wild Panda Asian restaurant offers a rare opportunity to purchase an established business with a prime position close to the Australian National University. This location benefits from steady foot traffic from a diverse clientele including university students, city professionals, residents, and visitors, positioning the business well within Canberra’s busy CBD core.

The restaurant specializes in authentic Asian comfort food, featuring a menu that includes noodle soups, dry noodles, rice dishes, dumplings, and a variety of sides. Signature dishes like beef noodle soup, spicy chicken noodles, and braised pork rice bowls not only define the business’s unique identity but also offer a rich diversity of flavors and meal options that cater to a wide audience.

Wild Panda operates using multiple sales channels with dine-in services complemented by takeaway, online ordering, and delivery. This multi-channel approach enhances flexibility and allows new operators to leverage existing systems or tailor services according to their vision. The established online presence and delivery infrastructure create additional revenue streams beyond traditional in-store dining.

The restaurant’s location is pivotal to its appeal, as proximity to the Australian National University secures a consistent market of students and staff, while the broader CBD environment attracts local workers and urban residents. This setting supports both convenient daily meals and casual social dining experiences, making it suitable for various customer groups.

This business opportunity is well suited for chefs wanting to run their own venue, hands-on owner-operators seeking an established enterprise, or experienced hospitality groups aiming to expand their portfolio within Canberra. It provides a solid foundation with scope for creative menu revisions and service enhancements to meet evolving market demands.

  • Established Asian dining business with strong local reputation.
  • Strategically located on Marcus Clarke Street in Canberra’s City West, near ANU.
  • Varied menu focusing on traditional and comfort Asian cuisine.
  • Wide customer base including students, professionals, residents, and tourists.
  • Multi-channel operation: dine-in, takeaway, online ordering, and delivery.
  • Well-positioned for growth and adaptation by incoming operators.

Interested buyers should contact the agent for comprehensive details regarding price, lease agreements, financials, and included equipment. Inspections are by appointment only.

Local Market Insights

In Canberra, Quiet Listings observed 2 new commercial properties entering the market over the last 30 days, with an average advertised asking price of $190,000. The property type mix of listed properties is predominantly Apartments at 48%, followed by houses (25%), and townhouses (15%). The only agency with for commercial properties listings currently monitored in the Canberra area is Trusted Property - Canberra. These insights are based on agencies currently monitored by Quiet Listings and are updated as the local market changes.

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
Market Insights for Canberra ACT 2601
New Listings (last 30 days)
2
Average price
$190,000
Lowest price
$160,000
Highest price
$220,000
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