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447 Church Street, Richmond, VIC, 3121
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2. Property Highlights

Super Prime Investment with Long Lease to Australian Venue Co.
  • 15 Year Lease Plus Options
  • Returning $516,785 p.a. net
  • AVC owned by $50B PAG Investment Group

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.

Remember to mention you found this property on CommercialReady

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Chris James
Chris James
+61 *** *** *** show +61 421 779 714
Message
+61 421 779 714 jamesc@fitzroys.com.au Message
Paul Burns
Paul Burns
+61 *** *** *** show +61 412 244 274
Message
+61 412 244 274 burnsp@fitzroys.com.au Message

4. Property Location

447 Church Street, Richmond, VIC, 3121

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5. Due Diligence

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447 Church Street, Richmond, VIC, 3121 Richmond
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Fitzroys
Fitzroys
Level 27, 360 Collins Street, Melbourne VIC 3000
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Chris James
Chris James
+61 *** *** *** show +61 421 779 714
Paul Burns
Paul Burns
+61 *** *** *** show +61 412 244 274
Enquire
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