Super Prime Investment with Long Lease to Australian Venue Co.
447 Church Street, Richmond VIC 3121
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HotelSize: n/a
Block size: 485 m² approx.
Fitzroys is delighted to offer 'Harlow Pub + Bar', 447 Church Street, Richmond for Private Sale.
The key features of this investment include:
- 15 year lease plus options to Australian Venue Co. one of Australia's largest venue operators, with annual turnover in excess of $1Bn - Returning $516,785 p.a. net with fixed annual increases - Extensive 4-level building including basement + rooftop and recently fully refurbished ($3.7M spent) - Prime corner freehold site of 485sqm* with combined 45 metre* frontage (Church Street and Lesney Street) - AVC owns and operates a portfolio of 210 venues across Australia and New Zealand. - AVC's controlling shareholder is the $50Bn PAG Alternative Investment Group. - Located in Melbourne's hottest lifestyle centre, with world class venues, cafes and restaurants nearby including Royal Saxon, Prince Alfred Hotel, Public House, Richmond Oyster Bar and more! - On the doorstep of Cremorne's "Technology Precinct" home to major Australian Corporates Australia Post, Seek, Carsales, Reece, etc. - Outstanding public transport facilities nearby with East Richmond Station opposite and trams along Church Street and Swan Street
*Approx.
Inspections
No open inspections scheduled.
Send an enquiry
Contact Paul Burns to learn more about this property, request an inspection or take an online tour.
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