SALE

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 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.