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Fargo & Co Richmond, 214-216 Swan Street
Richmond VIC 3121
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Sold on 19 Sep 2024

Fargo & Co Richmond, 214-216 Swan Street Richmond VIC 3121

  • Shop & Retail
  • 542 m²
  • Sold

Swan Street Trophy Investment 100% Tenanted by Hospitality Royalty - Australian Venue Co

  • 10-year Lease to Australian Venue Co.
  • Triple Fronted Corner
  • Recently Refurbished Venue

Stonebridge Property Group is pleased to present for sale Fargo & Co Richmond (214-216 Swan Street).

The key highlights of the opportunity include:

- 100% leased to world class pub and hospitality giant Australian Venue Co (AVC) boasting a national network of 200+ venues and generating an annual revenue in excess of $1.11Bn (2023)^

- Vendor favoured 10-year net lease with fixed annual increases (2 further 10-year options)

- Recently refurbished 542 sqm* multi-level hospitality venue with valuable 450 patron late night liquor licence allowing flexible retail trade to 1:00am

- Centrally located in one of Australia's most recognised hospitality precincts Just 50 m* from East Richmond Train Station, 700 m* from Richmond Train Station and 3 km* from the Melbourne CBD

- Prime location neighbouring world-renowned Melbourne Cricket Ground, Olympic Park (Rod Laver Arena) & AAMI Park - Boasting over 5,200,000* annual visitors

- Commercial 1 zoned freehold landholding with 50 m* triple street frontage allowing for multiple points of entry and exit and providing high levels of retail exposure

To obtain further information or to arrange an inspection, please contact the exclusive selling agents, Stonebridge Property Group.

Rorey James
0439 400 081

Nic Hage
0448 782 594

Kevin Tong
0422 848 818

*Approximately

^AFR, 2023 financial report

Property Code: 1043

Stonebridge Property Group VIC
Stonebridge Property Group VIC
Level 19, 627 Chapel Street
South Yarra, VIC 3141

Property Highlights

Date Sold19 Sep 2024
Floor Area542 m²
Land Area331 m²
ParkingAsk Agent
Property ID2019430208
Category
Last updated  23 Sep 2024
Map for Fargo & Co Richmond, 214-216 Swan Street Richmond VIC 3121
Stonebridge Property Group VIC
Stonebridge Property Group VIC
Level 19, 627 Chapel Street
South Yarra, VIC 3141

Property Highlights

Date Sold19 Sep 2024
Floor Area542 m²
Land Area331 m²
ParkingAsk Agent
Property ID2019430208
Category
Last updated  23 Sep 2024

Co-Agents

Nic Hage
Stonebridge Property Group VIC
Call
+61 448 782 594
Rorey James
Stonebridge Property Group VIC
Call
+61 439 400 081
Kevin Tong 汤聪瑜
Stonebridge Property Group VIC
Call
+61 422 848 818

More about Fargo & Co Richmond, 214-216 Swan Street Richmond VIC 3121

Fargo & Co Richmond, 214-216 Swan Street Richmond VIC 3121 is categorized as Shop & Retail Property. It has a floor area of 542 m² and a land area of 331 m². The listing ID for this property is 2019430208.

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