Landmark Commercial Holding in Prized Precinct

An impressive and rarely offered Richmond opportunity within the prized Church Street precinct, this fully-leased investment comprises 721sqm* of premium space across two established tenancies, supported by Commercial 1 zoning and an outstanding long-term trading history.

Generating an estimated $310,000* per annum plus GST, the asset is anchored by two proven performers. Flour Child, a licensed restaurant, cocktail bar and event venue, secures Suite 1 with a robust 10-year lease. Suite 2 is occupied by a well-patronised dance studio, a long-standing tenant of more than 20 years, with the current term expiring in March 2026 and a further three-year lease option available. Quality kitchen, bathroom and entertainment amenities form part of the existing fit-outs, enabling each tenancy to operate efficiently from day one and offering buyers a low-maintenance, income-ready acquisition in a consistently high-performing precinct.

High exposure is enhanced by excellent connectivity, with East Richmond Station nearby and tram routes 70 and 78 serving Church and Swan Streets. The area draws steady activity from Swan Street’s hospitality operators, the homemaker strip and the Cremorne tech hub, while proximity to the MCG and the wider sports precinct supports year-round footfall in a position where demand regularly outweighs supply.

*Dimensions are approximate