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.
