Restaurant

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The recently completed three level Gotham Grill and Rooftop Bar is set for November 14 auction.
Situated in Runaway Bay at 6 Bayview Street, the asset comes with a 554 sqm site area.
There is 302 sqm NLA.
The property is being marketed and sold by Ray White Commercial Gold Coast agents Michael Willems and Jackson Rameau.
Mr Willems said the property was a multi-level modern style purpose-built building with excellent exposure and access.
“The premise is leased for a term of 10-years plus 2x5-year options commencing 16 March 2018 and produces a net income of $212,695* p.a. plus GST,” Mr Willems said.
The ground level also provides car parking for 13 open bay car parks.
The upper two levels are allocated for restaurant use. All levels are available via an elevator.
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Gotham Grill and Rooftop Bar, Runaway Bay premises set for auction

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A new Melbourne restaurant – known as Hazel - is due to open on Monday the 14th of October.
Located inside the T&amp;G Building at 164 Flinders Lane, Hazel will be open Monday – Saturday for lunch from 12pm to 4pm and for dinner from 6.00pm – 11.00pm and for Sunday lunches from 11am – 5.00pm.
“We want our produce to speak for itself” said Head Chef Zac Nicholson.
 “We have a great relationship with our suppliers and want to represent their product as best we can. We will be creating dishes that we like to eat, that are simple and approachable and add to the overall guest experience.”
The venue has also stated that they will boast a wine list of upwards of 120 bottles, as well as a beer selection from local breweries.
The Hazel’s sister venue, Dessous, is slated to open 1 week later on Monday the 21st.
Both ventures are backed by the Cremorne-based Mulberry Group.
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Hazel, Melbourne's newest restaurant opens mid-October

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The heritage-listed former home of Prahran’s renowned Jacques Reymond restaurant has been listed for sale.
Reymond, who owns <a href="https://www.commercialrealestate.com.au/property/78-williams-road-prahran-vic-3181-2015612121" target="_blank">the Victorian mansion at 78 Williams Road</a>, closed the doors of his restaurant in 2013 after a number of decades.
He entertained the likes of Elton John, Kylie and Danni Minogue, Michael Schumacher and Cliff Richard.
It became Woodland House, the two-hatted fine dining restaurant ran by Thomas Woods and Hayden McFarland, in 2014.
They bought out Reymond, who was their mentor, but were forced to appoint liquidators earlier this year.
In the 1980s it was home to highly regarded restaurant Allison's.
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Colliers International’s Guy Wells, Ben Baines and Alex Browne are marketing the 1,010 sqm property with a $4.1 million to $4.51 million guide.
The grand gold-rush era property was originally constructed as one of two identical residences in the 1880s as a wedding gift to the owner's daughter. The Reymond family paid $1 million back in 1993.
The neighbouring property is a four bedroom home with formal dining room, living room and ground floor kitchen area.
“Offering rich history and endless charm, this is a rare opportunity to acquire one of Melbourne’s most recognizable buildings and influence the next chapter of this iconic property’s outstanding story," Wells said.
“The property, with its heritage façade, expansive rooms, abundant natural light and high quality improvements, offers a wide range of potential future uses.
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Wells suggested 78 Williams would suit a conversion back to a grand residential property with its high ceilings, large land holding and surrounding proximity to prestigious schools, major arterials, parklands and retail amenity.
Wells also suggested the building could suit medical offices, as well as having the potential to be converted in to heritage apartments within the existing envelope.
 
 
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Former Prahran home of award-winning Jacques Reymond restaurant hits the market

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The restaurant and bar space currently tenanted by Streetcorner Jimmy in Teneriffe's converted London Woolstore has been listed for sale.
The ground floor commercial premises at <a href="https://www.commercialrealestate.com.au/property/i-36-vernon-terrace-teneriffe-qld-4005-2015488394" target="_blank">36i Vernon Terrace</a> has recently undergone an internal refurbishment paid for by Streetcorner Jimmy to create a rustic, urban space.
They restored the unique character features of the building, with complementing modern elements.
Streetcorner Jimmy have a five-year net lease until 2023 with a fixed four per cent annual increase.
They have options until 2034 and are currently paying $98,800 + GST per annum.
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The property has a 215 sqm building area, made up of 140 sqm internal and 75 sqm undercover outdoor dining area.
There's a secure park in the building's parking facility.
Ray White Commercial Queensland agent Michael Feltoe has a September 6 auction.
"Fundamentally, this investment ticks all the boxes, an unrivalled corner location in a high traffic area and a landlord friendly lease to a high quality tenant who is performing exceptionally well," Feltoe said.
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The original Woolstore was designed in the early 1910's by acclaimed architect Robin Dods.
Walls &amp; Juster built the heritage-listed Vernon Terrace warehouse for Australian Mercantile Land &amp; Finance (AML&amp;F) who had purchased the land in 1910.
The original Hall &amp; Dods architectural plans included a second store, which was built around a decade later.
The property was sold in 1980 to Pacific Fire Protection, which used level three for customer storage, while leasing level four to TL Tourrier &amp; Co. Pty Ltd Woolstore.
The Brisbane City Council's Teneriffe Development Plan suggested recycling the buildings as a wool exhibition and tourist centre, however, in 2004, the Australian Property Growth Fund purchased the building and refurbished it to create 89 apartments.<a href="https://en.wikipedia.org/wiki/Australian_Mercantile_Land_%26_Finance_Woolstores#cite_note-2"> </a>
Push Architecture designed the redevelopment.
The Federation era, four storey, brick and timber warehouse is capable of storing 14,000 wool bales.
 
 
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Streetcorner Jimmy premises in Teneriffe's London Woolstore for sale

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An established café/restaurant site located in the Brunswick Cumberland Hotel Building has just been leased.
It was listed by Craig McKellar of CVA.
The 236 sqm property at Shop 1, 337-341 Sydney Road was leased for $112,500 per annum by Plonk Bar &amp; Eatery Pty Ltd.
They are the current owners of Vale Bar &amp; Eatery in Ascot Vale.
It is a 5 + 5 + 5 + 5 year lease term equating to a building rate of $476/sqm.
The property features a first floor office, seating capacity for 95 patrons, general liquor licence, and 5 on-site parking spaces.
It is supported by transport services at its doorstep.
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Plonk Bar & Eatery leases Brunswick restaurant

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The former Coachman Restaurant in Redfern, transformed in 1961 by well known restaurateur Wolife Pizem, has been listed for sale.

The property at <a href="https://www.propertyobserver.com.au/%20https:/www.realcommercial.com.au/property-retail-nsw-redfern-503233454" target="_blank">763 Bourke Street</a> has undergone a large scale renovation and refurbishment since the Russian Coachman Restaurant closed its doors in 2012.

It was back in the early 1960s when famous local restaurateur's Wolfie Pizem and Joseph Malek converted the 1820s built cottage into a restaurant, adding a kitchen and a bar.

It last traded for $500,000 in 2001 when sold by Diane Malek, the widow of the late Joseph.

The heritage-listed property, which was known as Roseheath Cottage, was built by hand by convicts for Thomas Campbell.

It was built on a consolidated 40 acre estate owned by nurseryman John Baptist. The 40 acres were subdivided in the 1880s, creating Baptist, Telopea, Boronia and Zamia Streets.

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The cottage was one half of a semi-detached pair. In 1915 the house was purchased by Samuel Goldstein, a shirtmaker, who used part of the building as living quarters and the other half as a ballroom.

Pizem and Malek named the restaurant The Coachman and it quickly became a regular haunt for local business people, in particular the rag trade.

It would go on to host a number of national and international celebrities.

The attached warehouse, which had an above ground pool that was used as a lobster tank, was demolished in 1967 to make way for a four storey apartment building.

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In 1995 the restaurant was renamed the Russian Coachman up until its closure seven years ago.

The property with exposed sandstone and a number of large fireplaces has around 500 sqm of indoor and outdoor space. It was listed for rent earlier this year at $195,000 per annum.

It is being marketed by CBRE agents Nicholas Heaton and Matthew Fenn as being suitable as a restaurant, creative office or childcare facility.

 

New projects near Redfern:

[smartcode_project:default project_id=24323]

[smartcode_project:default project_id=7588]

[smartcode_project:default project_id=5811]
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Former Coachman Restaurant premises in Redfern up for sale

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The Artisan restaurant and homestead on the Mornington Peninsula has been offered to the market.
The Artisan Kitchen and Wine Bar at <a href="https://www.realestate.com.au/property-house-vic-red+hill-131222066" target="_blank">164 Arthurs Road</a> in Red Hill is one of the area's most popular dining spaces.
The bistro and wine bar, created with a focus of the flavours and colours of the south of France, is a fully farm-to-table menu.
The food is prepared from locally grown ingredients.
The Artisan restaurant has a full commercial kitchen with a prep room and the dining room is fully licenced and seats up to 75 internally and on the terrace. It has parking for around 18 cars.
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The property was previously Poffs Restaurant and was home to Jon Cecil Fine Art, which originally operated in Melbourne's South Yarra and Sydney's Double Bay in 1975.
In the 2,810 sqm grounds is a four bedroom homestead with a swimming pool that overlooks the neighbouring vines from the boutique bed, breakfast and vineyard Lindenderry.
The property last traded for $1.6 million in 2016 before Artisan opened. Its previous trade before that was $153,000 back in 1989.
Michael Keating International has the listing.
 
 
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Artisan restaurant and homestead in Red Hill listed

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The Bronte Road Bistro, located in the heart of Waverley's retail precinct, is set to go under the hammer later this month.
Located in Sydnery's eastern suburbs at <a href="https://www.realcommercial.com.au/property-retail-nsw-waverley-503215162" target="_blank">280-282 Bronte Road</a>, the property has been home to the French-bistro style restaurant Bronte Road Bistro since 2008.
They have a new secure long lease until May 2022 with a further five year option.
The freestanding property on 125 sqm comes with a net rental return of $100,783 per annum with a fixed rental growth of three percent per annum.
It has a commercial kitchen and a fit-out focusing on bringing in light in to the timber-floored internal area. There's also a number of outdoor dining tables.
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The property has a secure car space located on the property, as well as having a liquor licence.
It is set for auction on the 27th of June through LJ Hooker Commercial agent Steven Kruyer.
The property last traded for $1.95 million in 1997.
Owner and partner of Bronte Road Bistro Stewart Parsons re-opened Woollahra's famed Claude's restaurant after it closed in 2015.
He and chef Cameron Johnston took over the premises and renamed it St Claude's.
 
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Home of Waverley's popular Bronte Road Bistro for sale

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A new Italian café and bar, Valentini's is the latest addition to the Melbourne’s Equitable Place.
Fitzroy agent Alex Shum negotiated the five-year lease with a five-year term for the 101 sqm space at 12 Equitable Place at $110,000 per annum on behalf of a private investor.
The deal reflected a building rate of $1,090 per sqm.
The new offering, Valentini’s, will offer old-school Italian foods and wines, and high-quality coffee.
It features a full wall mural painted (pictured) by Italian artist Giorgio Marzo, artist name Smoe.
Valentini’s is the latest venture from an experienced operator in the hospitality industry who has owned, operated and managed venues in South Melbourne, Carlton and the CBD. 
Mr Shum said the enquiry received for this space came from "a range of hospitality operators and fashion retailers looking to secure their own place in Melbourne’s famous laneway culture,”
Equitable Place already offers unique hospitality offering such as Brown Bagels, B’cos Brazil, Blank, Viet St., Kenny’s Bakery, Dodee Paidang and Madam I’m Adam.
It attracts a strong flow of customers from Little Collins Street, Collins Street and Elizabeth Street, and Shum said Valentini’s would bring a strong complementary offering.
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Newly leased Italian venue, Valentini's offered in Melbourne’s Equitable Place

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No word yet on just when Kylie Kwong will close her Potts Point restaurant Billy Kwong.
It was announced in March that it would close in the next few months with the acclaimed chef and restaurateur set to open a small, casual eatery from as early as July.
<p data-gtm-vis-first-on-screen-8765012_16="6862" data-gtm-vis-total-visible-time-8765012_16="4000" data-gtm-vis-first-on-screen-9076555_17="6863" data-gtm-vis-total-visible-time-9076555_17="4000" data-gtm-vis-first-on-screen-8882279_17="6864" data-gtm-vis-total-visible-time-8882279_17="4000" data-gtm-vis-has-fired-8765012_16="1" data-gtm-vis-has-fired-9076555_17="1" data-gtm-vis-has-fired-8882279_17="1">"I turn 50 this year and in order to mark the milestone I wanted to take a different direction in my life," Kwong told The Good Food Guide.
"I want to spend more time collaborating with partners and mentors locally and around the world.
Details of the new eatery are yet to be confirmed but the venture will focus on native, organic and local ingredients, Kwong said.
Billy Kwong opened in Surry Hills in May 2000 and in late 2014 the restaurant relocated to a larger site on Macleay Street, Potts Point.
<div class="adWrapper ad">Kwong says the decision allowed her to devote more time to social enterprises and other industry projects.</div>
<div class="adWrapper ad">It will let her travel to events such as the Rene Redzepi-founded MAD symposium in Copenhagen "and have meaningful conversations about serious global issues".</div>
"I can then bring those concepts and ideas back to Australia and localise them, whether it's the way we deliver them in our daily food or a topic we discuss at our MAD Mondays Sydney talks I curate."
Kwong was now looking for a new tenant to take over the site on Macleay Street.
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