Public House, 433 - 435 Church Street,
Richmond, VIC 3121

Shops & Retail

Added 2 days ago

Price information

Sale - Expression of Interest closing Thu 5 Dec

Let's talk

Key property information

Land area

Floor area

Car spaces

Parking info

Property extent

Zoning

Tenure type

Tenanted Investment Details

Occupancy

Fully Leased

Est. Incomep.a.

$532,540

Number of Tenants

1 Tenant

Tenants / Type

Australian Venue Co.

Expression of Interest

Closing Thursday 5 December, 3:00amAdd to calendar

Private inspections

to arrange a private inspection.

TCI - Richmond

463 Bridge Road
RICHMOND, VIC 3121

04388085...

Public House, 433 - 435 Church Street

Richmond, VIC 3121

04388085...

Map of Public House, 433 - 435 Church Street

Directions

Train stations within 5 km of Public House, 433 - 435 Church Street, Richmond, VIC 3121	Distance
East Richmond Station	71 m
Richmond Station	818 m
Burnley Station	870 m
West Richmond Station	1.4 km
South Yarra Station	1.4 km

Tram stops within 5 km of Public House, 433 - 435 Church Street, Richmond, VIC 3121	Distance
11-Church St/Swan St (Richmond)	48 m
57-Swan St/Church St (Richmond)	72 m
10-Swan Street Shopping Centre/Swan St (Richmond)	213 m
58-Gipps St/Church St (Richmond)	278 m
55-Gibbons St/Church St (Richmond)	287 m

Bus stops within 5 km of Public House, 433 - 435 Church Street, Richmond, VIC 3121	Distance
Richmond Station	822 m
Opp 135 Alexandra Ave	924 m
Rowena Pde/Punt Rd (Richmond)	931 m
125 Alexandra Ave	933 m
Darling GardensAlexandra Ave	986 m

THIS ISN’T A PUB

15 Year Lease to Australian Venue Co.
$4.5M renovation in 2020
Richmond's premier Entertainment Venue

Public House is unapologetically not a pub.

It’s a premium entertainment venue. All you have to do is take a quick look and you’ll see why Public House stands alone, atop Richmond’s nightlife and entertainment scene.

The Collaborations.
All of these premium brands invested their time, money and resources into recurring sponsorship deals with Public House.
• Red Bull
• Peroni Nastro Azzurro
• Patron Tequila
• Grey Goose Vodka
• Bacardi Rum
• Melbourne Cup & Mumm Champagne
• Tennis Australia
• Spring Racing Carnival
• Live One Day

The Events.
All of these premium brands chose to represent themselves with events at Public House.
• Bondi Sands
• New Balance
• Barry Seltzer
• Wesfarmers
• Coles
• Car Sales
• New Balance
• Fitness First
• Hawthorn Football Club
• Salta

The Venue.
Public House was completely rebuilt with a full internal renovation of the existing venue and two brand new rooftop levels added above in 2020 at a cost of $4.5m. We could list all the works, but there simply isn’t enough time left in the day to do so.

The Business.
Public House is one of, if not the most profitable venues in Melbourne. Most of these venues operate at a 12 – 15% margin, Public House operates at 30% and was the second highest late night Uber venue in 2022.

The Details.
• Site 396m2
• Building 746m2
• Brand new 15 Year Lease to Australian Venue Co. (AVC) with options until 2059
• AVC has 200 plus venues Australia wide and generates over $1.1B in revenue*

The Opportunity.
Public House isn’t a pub. It’s an institution that’s been an integral part of the Richmond landscape for over 20 years and is set to remain for the next 35 years to come.

If you’re looking for an investment that sells parma and chips, this isn’t it. This is a generational set and forget entertainment venue with a building and tenant, that sits atop Richmond’s prolific nightlife scene.

All we ask is you come down and have a look for yourself – the property will do the rest.

We’re here to help you find the perfect deal so let’s talk.

Try the link below to our website, for a bigger and better view.

*Approx.