Super Prime Investment with Long Lease to Australian Venue Co.

Fitzroys is delighted to offer ‘Harlow Pub + Bar’, 447 Church Street, Richmond for sale via Expressions of Interest closing Wednesday 27th March at 12 noon.

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

447 CHURCH STREET, RICHMOND - FOR SALE VIA EXPRESSIONS OF INTEREST CLOSING WEDNESDAY 27TH MARCH AT 12 NOON.

*Approx.