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

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
• Returning $516,785 p.a. net (after Land Tax) with fixed annual increases
• 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.