Internal Ref: 1P6446
Summary
The Wool Mill is a beautifully restored industrial space with a minimalist aesthetic, is turn-key and ready for events. Set in the heart of Brunswick East the venue presents in excellent condition ...
Location Details
Donald Street
About the Business
The Wool Mill is a beautifully restored industrial space with a minimalist aesthetic, is turn-key and ready for events. Set in the heart of Brunswick East the venue presents in excellent condition throughout.
A large, open-plan warehouse with a modern white palette and dramatic black timber beams, The Wool Mill adapts effortlessly to weddings, corporate functions, brand activations and private celebrations. The upstairs mezzanine creates a natural flow for welcomes and ceremonies; the downstairs Feasting Hall delivers a grand, single-room atmosphere for dining, dancing and production. The venue runs a caterer-led model: menus are prepared off-site and finalised on site in the dedicated prep area. Alcohol is served under a Limited Licence on an event basis. Current systems, suppliers and event processes can be handed over for a smooth transition.
Current rent is $2,200 a week incl. GST. The existing term runs to May 2026. The vendor has three months remaining on the current lease option, with a further 5+5 years available to the purchaser. The sale includes an extensive inventory of fixtures & fittings, bar service infrastructure, venue styling elements, and back-of-house equipment-supporting immediate continuation of trade.
The Wool Mill can only be used as a function space and so suits established function operators or first-timers seeking a proven, flexible venue platform. The present function group are going through a restructure of their organisation hence the sale. The venue does show profitable trading with solid forward bookings through to May 2026. Any new owner would be given full IP and venue access to book functions in from May 2026. The vendors are looking for offers in the region of $85,000 Price Reduction for this exclusively listed function space with excellent potential.
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