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Investment Highlights

  • Iconic Richmond landmark on Victoria Street
  • Multiple bars, dining areas, and function spaces
  • Fully fitted and operational with commercial kitchen
  • Fully restored Victorian façade with modern interiors
  • Popular beer garden and rooftop terrace
  • 15-year lease in place with established hospitality group

Executive Summary

Own a piece of Melbourne’s hospitality history with The National Hotel, an iconic venue located in the heart of Richmond’s vibrant dining and nightlife precinct. Positioned on bustling Victoria Street, just minutes from the CBD and major transport links, this landmark property combines a beautifully restored Victorian façade with contemporary interiors, creating a venue that is both stylish and functional.
The property features multiple indoor and outdoor zones, including a sophisticated main bar, expansive dining areas, versatile function spaces, a popular beer garden, and a rooftop terrace that draws strong patronage. A fully equipped commercial kitchen and low-maintenance fit-out ensure operational efficiency, while the flexible layout supports food, beverage, and events trade.
Currently under a 15-year lease to a prominent hospitality group, this asset offers secure income and long-term stability, making it an exceptional addition to any investment portfolio. With its prime location near Melbourne’s sporting precinct, universities, and a growing residential catchment, the property also holds future potential for further innovation and growth.
The National Hotel is more than a venue—it’s a cornerstone of Richmond’s social scene. This is a rare opportunity to secure a premium hospitality asset in one of Melbourne’s most desirable inner-city suburbs.

Property Facts

Sale Type Investment
Property Type Hospitality
Property Subtype Hotel
Building Class C
Lot Size 0.14 AC
Building Size 6,577 SF
No. Rooms 10
No. Stories 2
Tenancy Single

Amenities

  • Restaurant
  • On-Site Bar

Room Mix Information

Description No. Rooms Daily Rate SF
Guest Room 10 - -
  • Listing ID: 39650621

  • Date on Market: 3/4/2026

  • Last Updated:

  • Address: 344 Victoria St, Richmond, VIC 3121

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