283/311 Anketell Street Greenway ACT 2900

Burgess Rawson is pleased to present for Expressions of Interest this outstanding stamp duty free investment opportunity at 283 / 311 Anketell Street, Greenway.

Tenanted by the well-established and loved Chong Co Thai Restaurant, this 232sqm hospitality venue also includes 107sqm of outdoor seating and comes fully fitted with a commercial kitchen, bar, and generous dining area. The property offers excellent operational flexibility with four secure basement car parks, a storeroom, and underutilised internal space that presents potential for expansion or subletting. Situated in a high-traffic dining precinct, it represents a compelling opportunity for investors or operators seeking a prime, long-term asset.

Chong Co Thai Restaurant is a successful and growing casual dining group known for authentic Thai cuisine, with six locations across QLD and the ACT and a further 3 Thai restaurants under the Noodle Hut brand in NSW. Operated by an experienced team, the brand focuses on fresh, traditional dishes at accessible price points, generating strong dine-in and takeaway trade in busy retail and mixed-use precincts. With a commitment to clean, well-managed venues and strong landlord relationships, Chong Co is a reliable, low-maintenance tenant with a proven track record of sustainable growth.

Located in Canberra's Tuggeranong district, Greenway is a well-connected suburb offering scenic lakeside living, access to outdoor recreation, and proximity to key arterial roads linking to Woden and the CBD. As the commercial and civic hub of the region, it features South Point Tuggeranong shopping centre, major Federal Government offices, and a range of residential options with lake or mountain views. Continued urban renewal and infrastructure investment are enhancing Greenway's appeal, positioning it for sustained long-term growth.

Highlights:
+ Brand New 5-Year net lease with options to 2035
+ Leased to Chong Co Thai Restaurant & Bar
+ Stamp Duty Free - Approx $95,000 savings
+ Desirable annual rental increases of 3%
+ 232 sqm GFA + 107 sqm Exclusive Outdoor Area
+ 4 basement car parks, as per title
+ Long term tenant in Canberra for 14 years
+ Multiple tenancy or extension potential
+ Prime location in Greenway
+ High density corporate population

Net Income: $116,000 pa + GST

For Sale by Expressions of Interest
Closing 5pm AEST Friday 27th of June, 2025

For more information please contact Guy Randell on 0430 272 999 or Kristian Nel on 0477 493 693.