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Gorman Commercial in conjunction with Teska Carson are pleased to offer the Mount Culture Brewery, 148-150 Murphy Street, Richmond for sale by Expressions of Interest closing on Wednesday 30th September at 2pm.
This land rich investment opportunity, located in the heart of Melbourne’s city fringe will suit an astute buyer looking capitalize on this fast-growing location with security of tenure from one the Australis’s most exciting hospitality sectors.
Key investment highlights include:
- Lease Term: 10 + 5 + 5 years
- Strong passing income of $370,967 pa + GST + outgoings with annual rental reviews
- Total building area of 1,350 sqm
- Total land area of 1,000sqm (approx) with a 23+ metre frontage to Murphy Street
- Securely leased to Mountain Culture which has grown into one of Australia’s most recognized boutique beer brands in Australia, winning multiple awards and now with five well established venues across VIC, NSW & TAS
- The building has been meticulously re-imagined into one of Australis’s most specular ‘Brew Pubs”, with no expense spared, every inch of the property has been architecturally designed allowing for exceptional hospitality experience
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