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447 Church Street Richmond, VIC 3121

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447 Church Street,
Richmond, VIC 3121

Hotel, Motel & Leisure • Shops & Retail

Price information

Sale

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Key property information

Floor area

Zoning

Tenure type

Tenanted Investment Details

Occupancy
Fully Leased
Est. Incomep.a.
$516,785
Number of Tenants
1 Tenant
Tenants / Type
Harlow Pub + Bar

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Map of 447 Church Street

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  • Train stations within 5 km of 447 Church Street, Richmond, VIC 3121Distance
    East Richmond Station78 m
    Richmond Station834 m
    Burnley Station870 m
    South Yarra Station1.4 km
    West Richmond Station1.4 km
    POWERED BY HERE ©
  • Tram stops within 5 km of 447 Church Street, Richmond, VIC 3121Distance
    11-Church St/Swan St (Richmond)117 m
    57-Swan St/Church St (Richmond)140 m
    55-Gibbons St/Church St (Richmond)219 m
    10-Swan Street Shopping Centre/Swan St (Richmond)245 m
    55-Adelaide St/Church St (Cremorne)248 m
    POWERED BY HERE ©
  • Bus stops within 5 km of 447 Church Street, Richmond, VIC 3121Distance
    Richmond Station838 m
    Opp 135 Alexandra Ave860 m
    125 Alexandra Ave869 m
    Darling GardensAlexandra Ave922 m
    Chapel StAlexandra Ave944 m
    POWERED BY HERE ©
POWERED BY HERE ©

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

  • Secure 15 Year Lease Plus Options
  • Fully Net Income $516,785 p.a.
  • 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
- 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.

Property ID: 504525500Last Updated: 1 Jul 2024

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447 Church Street
Richmond, VIC 3121
Fitzroys - Melbourne
Level 27, 360 Collins Street
MELBOURNE, VIC 3000
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