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
• Providing a net annual income of $500,000 + GST* (excluding Land Tax)

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