Restaurant fit out and lease allocation for sale

Business Details

Turnkey Hospitality Opportunity – Prime Tuggeranong Town Centre Location
 
Positioned on high-exposure Anketell Street in the heart of Tuggeranong Town Centre, this 117sqm hospitality venue offers a genuine turnkey opportunity ready for immediate activation.
 
Originally established in 2022 and closed in 2025 due to the owners’ work commitments and staffing constraints, the business infrastructure remains modern, well-maintained, and primed for a new operator to capitalise on its strong fundamentals.
 
Current rent: $10,589.45 per month (including outgoings and GST).
 
If you are looking at getting into the hospitality industry in Canberra this is your chance to buy a great fit-out at cents in the dollar. The fit-out cost over $500,000 just 5 years ago, this is your chance to buy this near asset and get started in your new business today. 
 
Take this opportunity today for $150,000.00
 
Or $100,000.00 today and $100,000.00 over three years in vendor finance.
 
Unbeatable Location
- Located within a busy shopping centre precinct
- Directly adjacent to a major government building with approximately 6,000 public servants
- Consistent weekday lunch demand and steady daily foot traffic
- Strong repeat customer potential from the surrounding public service workforce
 
Exceptional Fit-Out & Features
- Fully licensed for indoor and outdoor dining
- Undercover outdoor area with heating and weather-proof curtains, enabling year-round trade
- Modern, fully gas-supplied commercial kitchen designed for efficient, high-volume service
- Oversized storeroom allowing bulk purchasing and operational efficiency
- Infrastructure suited for dine-in, takeaway, catering, functions, and delivery platforms
 
With a flexible layout and contemporary fit-out, the venue can easily accommodate a restaurant, café, bar, or alternative hospitality concept.
 
This is a rare opportunity to secure a premium Tuggeranong site without the cost, delays, and risk associated with a new build. Ideal for an owner-operator or an experienced operator expanding their footprint.

Financial Snapshot

Reporting Period Weekly Average Weekly Average Weekly Average

Business Summary

Canberra, Australian Capital Territory
Restaurants.
The premise is leased.
Lease commenced: 13 May 2021
Lease expires: 12 May 2030
Term of the lease: 9 years
Bank guarantee: 3 months of rent approx. $30,000
Base rent: $80,000 + GST p.a.
Current monthly rent: $10,589.45 (incl. outgoings and GST)
Promotional Contribution: 5% of base rent
Outgoings: Approx $22,000 pa (estimated for FY26)
Annual increases: 4% annual review
SQM: 117
 
Dumpling House currently (as of 30th April 2025) employs 13 staff members. In FY2024 staff wages came to $322,969.20. Superannuation in addition to this came to $32,168.40.
- 3 x chef
- 2 x cook
-2 x kitchen hand
-7 x waiters/waitresses
The owner was not paid a wage from this business
Mon to Sun: 11:30am–2:30pm & 5:00pm–9:00pm
Owner Operated

Enquire Now

Sales Summary

Sale Status : For Sale

Sale Method : Private Treaty

Investment Amount : $31,800.00

Stock at Value : $10,000.00

Finance Options :

Patrick Pentony

040 316 8814

sales@capitalcommercial.com.au