This Site has been family owned and operated since the early 1970's.
As Ringwood's premier hospitality venue, located on busy Maroondah Hwy which has 30,000 plus traffic movements a week. A newly constructed state-of the-art three (3) level purpose- built hospitality complex was completed in early2020 will become the nightlife hub of Melbourne's eastern suburbs.
The features:
1,461sqm* gross floor area over three levels
Fully equipped, turn-key entertainment complex
Multiple lucrative liquor licences including a late night licence from 5am
Excellent location on Ringwood's main road
Currently home of 'The Bungalow Beer Garden'
State-of-the-art interiors
Fully equipped commercial kitchen
Purchased below replacement cost
The land title was originally three titles, which have now been converted into one.
This three-storey complex is strata titled to allow flexibility, it can be sold separately.
Tenants spent $3million on their fit out in 2020. Pre covid the venue was doing as much as 200k a weekend.
Venue comes as a "turn key" with a number of commercial kitchens, CCTV, POS, fixtures and fittings.
Building has been future proofed to allow an additional 2 levels of approx. 650 sqm of lettable space.
This entertainment complex presents as a unique hospitality opportunity and is ready for immediate occupation.
CONTACT AGENT ON 0422 060 234 / (03) 9663 0988 FOR FURTHER DETAILS.