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The National Hotel, 340 Victoria Street,
Richmond, VIC 3121
Hotel, Motel & Leisure
Added 1 day ago
Price information
Sale - Expression of Interest closing Wed 9 Oct
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JLL - Hotels & Hospitality Group
Level 27, 180 George StreetSYDNEY, NSW 2000
The National Hotel, 340 Victoria Street
Richmond, VIC 3121
Map of The National Hotel, 340 Victoria Street
Train stations within 5 km of The National Hotel, 340 Victoria Street, Richmond, VIC 3121 Distance North Richmond Station 909 m Collingwood Station 1.1 km West Richmond Station 1.1 km Victoria Park Railway Stationmelbourne 1.5 km Jolimont Station 1.8 km POWERED BY HERE ©Tram stops within 5 km of The National Hotel, 340 Victoria Street, Richmond, VIC 3121 Distance 22-McKay St/Victoria St (Richmond) 139 m 21-Church St/Victoria St (Richmond) 204 m 64-Elizabeth St/Church St (Richmond) 270 m 64-Baker St/Church St (Richmond) 271 m 23-Flockhart St/Victoria St (Abbotsford) 363 m POWERED BY HERE ©Bus stops within 5 km of The National Hotel, 340 Victoria Street, Richmond, VIC 3121 Distance Victoria Pde/Hoddle St (Richmond) 989 m Langridge St/Hoddle St (Abbotsford) 1 km York StHoddle St 1 km Grey StHoddle St 1.1 km Yarra Bend Park/Studley Park Rd (Kew) 1.1 km POWERED BY HERE ©
POWERED BY HERE ©
Richmond pub freehold available for the first time in 50 years
- 600sqm site Commercial 1 Zone
- Leased to experienced operator
- 3.5% fixed annual increases
JLL Hotels & Hospitality is delighted to present to market the freehold interest in The National Hotel, located in the prized inner city suburb of Richmond.
The property is prominently positioned on a large 600sqm corner block with 20 metres of frontage to the major thoroughfare of Victoria Street, whilst also benefitting from flexible Commercial 1 Zoning with no heritage overlay.
The venue is currently leased to experienced, multi-venue hospitality operators with decades in the industry, presenting an exceptional opportunity to suit a wide range of purchasers seeking to enter the tightly held Richmond market.
Key investment highlights include:
+ High profile 600sqm* corner site with exceptional main street frontage in a prized inner Melbourne location
+ Fixed annual increases of 3.5% throughout the tenure and no cap at Market Review (October 2025)
+ Flexible Commercial 1 Zoning benefitting from no Heritage Overlay to suit a variety of uses including office, retail and residential (STCA)
+ Highly accessible location serviced by all modes of public transport, located on one of Melbourne’s major arterials
+ Securely leased to multi-venue hospitality operators with over 30 years in the industry
+ Richmond is a dynamic urban hub offering an abundance of lifestyle, medical and recreational amenity
The freehold interest in The National Hotel, Richmond is offered for sale via Expressions of Interest closing Wednesday 9 October 2024 at 5:00pm AEDT.
For further information on this opportunity, please contact the exclusive selling agents.
The property is prominently positioned on a large 600sqm corner block with 20 metres of frontage to the major thoroughfare of Victoria Street, whilst also benefitting from flexible Commercial 1 Zoning with no heritage overlay.
The venue is currently leased to experienced, multi-venue hospitality operators with decades in the industry, presenting an exceptional opportunity to suit a wide range of purchasers seeking to enter the tightly held Richmond market.
Key investment highlights include:
+ High profile 600sqm* corner site with exceptional main street frontage in a prized inner Melbourne location
+ Fixed annual increases of 3.5% throughout the tenure and no cap at Market Review (October 2025)
+ Flexible Commercial 1 Zoning benefitting from no Heritage Overlay to suit a variety of uses including office, retail and residential (STCA)
+ Highly accessible location serviced by all modes of public transport, located on one of Melbourne’s major arterials
+ Securely leased to multi-venue hospitality operators with over 30 years in the industry
+ Richmond is a dynamic urban hub offering an abundance of lifestyle, medical and recreational amenity
The freehold interest in The National Hotel, Richmond is offered for sale via Expressions of Interest closing Wednesday 9 October 2024 at 5:00pm AEDT.
For further information on this opportunity, please contact the exclusive selling agents.
Property ID: 504685540Last Updated: 11 Sep 2024
JLL - Hotels & Hospitality GroupLevel 27, 180 George Street
SYDNEY, NSW 2000
SYDNEY, NSW 2000
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