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

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Published on: 24 Oct 2024
Last updated on: 24 Oct 2024
Public House, 433 - 435 Church Street, Richmond, Vic 3121
Public House, 433 - 435 Church Street, Richmond, Vic 3121
Public House, 433 - 435 Church Street, Richmond, Vic 3121
+35
Public House, 433 - 435 Church Street, Richmond, Vic 3121
  • 35
Property ID: 504710836
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Key property information

Land Size
396.00 m2
Parking Comments
PARKING AT REAR
Zoning
COMMERCIAL 1
Floor Area
746.00 m2
Parking Spaces
4
Tenure Type
tenanted

THIS ISN’T A PUB

Public House, 433 - 435 Church Street, Richmond, Vic 3121
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.

Property Details

Basic Info

Property Type
Retail
Listing Status
On Market
Parking Spaces
4
Land Size
396.00 m2
Address
Public House, 433 - 435 Church Street, Richmond, Vic 3121

Floorplans and tours

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Jack Teneketzis
Jack Teneketzis
463 Bridge Road, Richmond, Vic 3121
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Jack Teneketzis
Jack Teneketzis
463 Bridge Road, Richmond, Vic 3121
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      Property ID: 504710836

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