Unique opportunity to purchase a thriving Restaurant Freehold of heritage listed former Colonial Bank of Australasia in the Yarra Glen township of the Yarra Ranges Shire. Built in the 1880′s this building has been beautifully restored into an eye-catching restaurant currently tenanted by the well acclaimed Hargreaves Hill Bar & Restaurant, rated 90% on Urbanspoon.com and winner of numerous food awards since their occupancy in 2007.
This magnificent double storey, double brick building is in its original format featuring a front facade of cement rendered ornate Victorian style, 3 original functioning fireplaces, 3 intimate function rooms of various sizes upstairs, a full chef’s kitchen, a beer & liquor bar, and outdoor dining areas at the front and back. The main dining room seats 30. The property encompasses approximately 200 square metres.
Located on the main shopping strip in the heart of the suburb, with fully occupied neighbouring shops and ample car parks, the former National Bank is close to many tourist attractions and 5 star accommodations in this winery town of Yarra Glen. Currently leased at $40,000 per annum with 5% rental increase per year.
For further details or to arrange an inspection, please contact JP Lam, Kenneth Ooi, or Toa Tea at 9855 8889.
PHOTO ID REQUIRED AT ALL INSPECTIONS.