Located within eight kilometres of the Melbourne CBD at 914 Mt Alexander Road, the 353 sqm pub is being sold as freehold vacant possession by the O’Sullivan family.

Following a recent refurbishment, features of the pub include a front bar, large rear dining room, upstairs mezzanine-style function room and front balcony. The property also holds a late night 3am liquor licence.

CBRE’s Will Connolly and Scott Callow have been exclusively appointed to market the property, with Mr Callow noting the property as a ‘truly rare opportunity in the market.’

Mr Callow said: “This type of asset rarely becomes available in this area of Melbourne. The property is easily adaptable to any style of operation, with its freehold vacant possession providing ultimate flexibility to all corners of the market. It really presents an exciting opportunity for owner operators especially because of the huge hospitality potential and minimal surrounding competition in the heart of Essendon.”

Mr Connolly added: “There is major residential development occurring in close proximity so it’s a great investment opportunity in a rapidly expanding area.” With a rich history and long-term ownership, the site has served the local community from a variety of different uses over its lifetime, from a butchery, which was owned by the Mayor of Essendon at the time, to a hardware store and most recently, a pub with a loyal local following.

The property is to be sold via Expressions of Interest closing on Thursday, May 10, 2018 at 4.00pm (AEST).

Click here to download the property Information Memorandum.

To discuss the sale in further detail phone or email Will Connolly or Scott Callow via the below contact details.

See also:

Melbourne CBD's Kozminsky building offered for lease

Melbourne’s latest CBD hotel development opportunity

Abbotsford's Retreat Hotel sells at Auction