Melbourne

Beloved Collingwood establishment hits the market

One of Melbourne’s landmark Collingwood pubs has been listed for sale with vacant possession for the first time in 27 years.

12 Nov 2018

One of Melbourne’s landmark Collingwood pubs has been listed for sale with vacant possession for the first time in 27 years.

The Leinster Arms Hotel is just 3km from Melbourne’s CBD and features a substantial two-street frontage at 66 Gold Street. 

The well-maintained 1860s redbrick, single-storey building offers an intimate front bar; a lounge and dining area; two function rooms; commercial kitchen; spectacular leadlight windows and a bricked bistro and garden atrium.  

Also included in the sale is a 1am General Liquor Licence, making the venue available for trade, should a buyer prefer.  

CBRE Hotels’ Scott Callow, Will Connolly and Nathan Mufale have been appointed to market the 596sqm Collingwood institution on behalf of the long-term owners. 

Mr Connolly noted; “Given it’s available as vacant possession, the Leinster Arms Hotel presents the market with an extremely flexible opportunity.”

“We are expecting interest from a wide range of buyer profiles, varying from current hospitality operators, investors looking to re-lease and developers recognising the area’s rapid growth,” Mr Connolly said. 

Mr Callow added; “This classic Collingwood hotel has a prime corner location in an area that is highly sought after as a hotel hotspot and desirable residential locale.” 

The Leinster Arms Hotel is being auctioned, onsite, on Friday, December 7, 2018 at 11am (AEDT).

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About CBRE Group, Inc.

CBRE Group, Inc. (NYSE:CBRE), a Fortune 500 and S&P 500 company headquartered in Los Angeles, is the world’s largest commercial real estate services and investment firm (based on 2017 revenue). The company has more than 80,000 employees (excluding affiliates), and serves real estate investors and occupiers through more than 450 offices (excluding affiliates) worldwide. CBRE offers a broad range of integrated services, including facilities, transaction and project management; property management; investment management; appraisal and valuation; property leasing; strategic consulting; property sales; mortgage services and development services. Please visit our website at www.cbre.com.

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About CBRE Group, Inc.
CBRE Group, Inc. (NYSE: CBRE), a Fortune 500 and S&P 500 company headquartered in Dallas, is the world’s largest commercial real estate services and investment firm (based on 2021 revenue). The company has more than 105,000 employees (excluding Turner & Townsend employees) serving clients in more than 100 countries. CBRE serves a diverse range of clients with an integrated suite of services, including facilities, transaction and project management; property management; investment management; appraisal and valuation; property leasing; strategic consulting; property sales; mortgage services and development services. Please visit our website at https://www.cbre.com.