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Listing Id: 40194 Last Refreshed: 28/11/2025 Total Views: 19

Licensed Function & Wine Bar Space - Ready To Activate In Reservoir

North & Northeast, MelbournePUBs
Asking Price: Price On Request
Business For Takeover
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Overview

  • Premise Type Commercial Street
  • Premise Size 861 sqft / 80 sqm
  • Monthly Rental $1,650
  • Rental Desposit N/A
  • Revenue N/A
  • Liability N/A
  • Gross Profit N/A
  • Net Profit N/A
  • Stock N/A
  • FFE N/A
  • Payable N/A
  • Receivable N/A
  • Owner Role Full Time
  • Staff N/A
  • Established N/A
  • Source Broker

Reason For Sale

Other business commitments

Description

**Expressions of Interest**

An exciting opportunity has become available to secure a fully licensed function/wine bar space in the heart of Reservoir. This chattel-only sale offers the perfect blank canvas for a hospitality operator, events business, or bar owner looking to step straight into a licensed venue without the long wait times or high costs of obtaining approvals.

Currently not operating (owner focuses on another business), there is no goodwill included—making this ideal for someone wanting to launch their own concept from day one.

Key Features:

Liquor Licence to 1am
A rare and valuable asset - move in and start trading without the lengthy licence application process.

Approx. 50-Person Capacity
Fully furnished with tables and chairs, ready to set up immediately.

Chattel Only Sale
Fit it out your way while saving significantly on licensing and start-up approvals.

Great Parking Access
6 car spaces included plus abundant parking at the front for guests.

Affordable Rent
Only $1,650 pcm including GST
Outgoings: $4,000 pa

Secure 3x3x3 Lease
Commenced 1/2/2023, offering stability and room to grow.

Licensed venues at this price point rarely come up - especially with the ability to walk in and start trading quickly.

For more information or to arrange a private inspection, contact:
Chris Panagiotidis & Elle Likopoulos – Absolute Business Brokers
0433 582 533 | elle@absolutebb.com.au

Ref: B14971
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