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SOLD

447 Church Street, Richmond, VIC, 3121

Properties / Sold / Victoria / Richmond

Tenanted Investment

1. Property Summary

Selling Method

Private Sale

Land Area

485 m² (*approx)

Floor Area

1100 m² (*approx)

Property Type

Hotel/Leisure, Retail

Terms

15 year lease plus options

Fully Leased

Australian Venue Co.

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2. Property Highlights

‘Harlow’ Pub + Bar | CIRCA 5.5% NET RETURN | 15 Year Lease to Australian Venue Co.

Secure 15 Year Lease Plus Options
Major Asset Refurbishment ($3.7M)

Fitzroys is pleased to offer ‘Harlow’ Pub + Bar, 447 Church Street, Richmond for Private Sale.

The key features of this secure investment opportunity include:

- 15 year lease plus options to Australian Venue Co. – one of Australia’s largest venue operators, with annual turnover in excess of $1Bn

- Harlow Pub + Bar (formerly the Great Britain Hotel) has become one of Melbourne’s most popular pubs with rooftop bar

- Recent major refurbishment of the asset with $3.7M spent and featuring remarkable fit-out and design

- Extensive 4-level building including basement, pub, garden area & rooftop featuring uninterrupted views

- 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.

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