About the Business

Originally set up by the Landlord at a cost of 4 Million, this venue changed hands two years ago with the current Vendor investing a further 2 Million to adapt the fit-out to suit their concept. All the assets included in the state of art fit-out will be offered for acquisition by the incoming tenant after 1 August 2025 for only 'one dollar' ($1).

Spread across 4 levels, this venue offers the following areas:

BASEMENT - Production kitchen with high grade commercial equipment, cool rooms and freezers. Whilst built to service the Restaurant and function spaces, this area is also ideal as a central production kitchen for hospitality operators with several venues.

GROUND LEVEL - Restaurant and bar area with an impressive central open kitchen. The architectural design of this space which extends through to the first level mezzanine function/dining space is impressive and a focal design element of the fit-out.

LEVEL ONE - Restaurant and Function Room. This area is ideal for extended restaurant seating (particularly large groups) or private functions and has its own private cocktail bar. There's also a private dining space that can accommodate up to 20 seated guests and a projector screen for corporate conferences.

ROOFTOP BAR - This fully covered area is useable all year round and features a functional bar, sky light, illuminated floor tiles and access to two separate balconies. The veranda access creates an outdoor option in an enclosed space, enhancing its sky deck appeal. There are also dedicated bathrooms on this level, a large office space and private staff amenities.

All levels are accessible via stairs or a lift, making the premises wheelchair friendly. Moreover, advanced infrastructures such as glass dumb waiters to ferry the food up to the different levels from the kitchen area as well as separate one from the scullery to each level.

Currently closed, the venue also comes with a 'General Licence' for 200 patrons which will be transferred to the incoming tenant. The current lease also has 16 years remaining.

Ideally suited for a number of different cuisines and uses, this blank canvas opportunity is one you won't want to miss. Your eyes will water when you see just how much investment has gone into this impressive venue. Remember, whilst the landlord currently owns most of the plant & equipment, this will transfer across to the incoming tenant in August 2025 for only 'one dollar'. What are you waiting for!

For a copy of the information memorandum and to book an inspection, please contact Grita Angelucci.