Positioned in the heart of Richmond on Swan Street, Odeon Richmond is a fully equipped multi-purpose live music bar and creative arts venue with various revenue streams. Purpose-built for live performance, recording, exhibitions and events, the venue combines state-of-the-art audio and visual infrastructure making it a uniquely versatile and configurable creative space. Featuring professional soundproofing, lighting, projector facilities, recording capabilities and adaptable staging, the venue caters for everything from live music performances, surround sound listening events, album launches and fan VIP experiences to film screenings, art exhibitions, private functions and community events. It has security monitoring, CCTV systems, and remote audio-visual controls.
Entering directly from Swan Street, guests enter through impressive steel gates into the main performance area. The front foyer incorporates a reception and ticketing space, while an enclosed room provides the artist green room, production office or management workspace. The main room's fully customisable infrastructure via portable staging, mobile bars and integrated refrigeration, are easily repositioned to suit events of varying sizes and formats. Beyond the main performance space is a second function room, lounge area or catering/food prep area, complete with its own mobile bar, creating additional opportunities for private events, VIP functions or multi-room programming. Both rooms include coffee facilities for potential café expansion. All areas are fitted with the latest gallery systems, offering a small, medium or large exhibition space. The venue also uniquely includes fully accessible amenities and direct access to its rear courtyard garden and BBQ area.
Odeon Richmond has a General Liquor licence until 1am on premises, 11 pm off premises with a capacity of 164 inside, 49 in the courtyard and a footpath trading licence. Rent is $1200 a week including GST. The lease has four years remaining made up of 1+3 with extra terms available upon negotiation. The extensive fixtures, fittings and AV equipment represent a significant investment by the current owner, achieving a clear point of difference and creating substantial value for an incoming operator. Everything on site is owned with no supplier or equipment contracts in place.
Odeon Richmond has established itself as a destination venue for artists, musicians and creatives seeking a professional yet highly adaptable environment. Its strong, loyal clientele and industry networks result from Odeon Richmond's support of diverse musical genres and artistic disciplines. Ideal for owner-operators, musicians, creative collectives, event producers, entertainment industry labels or hospitality entrepreneurs, offering a fully established, highly adaptable entertainment venue. Operated primarily as a passion project rather than a profit-focused enterprise, and with significant growth opportunities, it is therefore offered on a walk-in, walk-out basis for $130,000 for this exclusively listed opportunity.
Other Features / Notes
A:LEASEHOLD, B:HOTEL/BAR, C:VIC - Melbourne